Care Capital Properties 10-K 1 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2016	Feb. 24, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Care Capital Properties, Inc.
Entity Central Index Key	1,639,947
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 2.2
Entity Common Stock, Shares Outstanding		84,053,581
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Real estate investments:
Land and improvements	$ 262,064	$ 287,193
Buildings and improvements	2,785,166	2,984,257
Construction in progress	45,892	33,646
Acquired lease intangibles	92,431	101,869
Gross real estate investment	3,185,553	3,406,965
Accumulated depreciation and amortization	(702,809)	(704,210)
Net real estate property	2,482,744	2,702,755
Net investment in direct financing lease	22,531	22,075
Net real estate investments	2,505,275	2,724,830
Loans receivable, net	62,264	29,727
Cash	15,813	16,995
Goodwill	123,884	145,374
Other assets	105,132	38,043
Total assets	2,812,368	2,954,969
Liabilities:
Term loans, senior notes and other debt	1,414,534	1,524,863
Tenant deposits	42,574	57,974
Lease intangible liabilities, net	103,182	130,348
Dividends payable	47,861	0
Accounts payable and other liabilities	37,177	24,048
Deferred income taxes	1,852	1,889
Total liabilities	1,647,180	1,739,122
Commitments and contingencies
Equity:
Preferred stock, $0.01 par value; 10,000 shares authorized, unissued at December 31, 2016 and 2015	0	0
Common stock, $0.01 par value; 300,000 shares authorized, 83,970 and 83,803 shares issued at December 31, 2016 and 2015, respectively	840	838
Additional paid-in capital	1,272,642	1,264,650
Dividends in excess of net income	(119,750)	(51,056)
Treasury stock, 11 and 0 shares at December 31, 2016 and 2015, respectively	(330)	0
Accumulated other comprehensive income	10,476	0
Total CCP equity	1,163,878	1,214,432
Noncontrolling interest	1,310	1,415
Total equity	1,165,188	1,215,847
Total liabilities and equity	$ 2,812,368	$ 2,954,969

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	83,958,000	83,803,000
Treasury stock (in shares)	11,000	0

COMBINED CONSOLIDATED STATEMENT

COMBINED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Rental income, net	$ 325,464	$ 321,785	$ 291,962
Income from investments in direct financing lease and loans	6,474	3,818	3,400
Real estate services fee income	6,595	2,247	0
Interest and other income	2,073	91	2
Net gain on lease termination	7,298	0	0
Total revenues	347,904	327,941	295,364
Expenses:
Interest	50,168	12,347	0
Depreciation and amortization	107,561	111,752	91,612
Impairment on real estate investments and goodwill	21,794	23,139	8,769
General, administrative and professional fees	34,827	29,222	22,412
Deal costs	3,086	6,354	1,547
Loss on extinguishment of debt	5,461	0	0
Other expenses, net	4,384	1,466	13,183
Total expenses	227,281	184,280	137,523
Income before income taxes, real estate dispositions and noncontrolling interests	120,623	143,661	157,841
Income tax expense	(752)	(938)	0
Gain (loss) on real estate dispositions	2,894	632	(61)
Net income	122,765	143,355	157,780
Net income attributable to noncontrolling interests	22	189	185
Net income attributable to CCP	122,743	143,166	157,595
Net income	122,765	143,355	157,780
Other comprehensive gain - derivatives	10,476	0	0
Total comprehensive income	133,241	143,355	157,780
Comprehensive income attributable to noncontrolling interests	22	189	185
Comprehensive income attributable to CCP	$ 133,219	$ 143,166	$ 157,595
Basic:
Net income attributable to CCP excluding dividends on unvested restricted shares (in dollars per share)	$ 1.46	$ 1.71	$ 1.89
Diluted:
Net income attributable to CCP excluding dividends on unvested restricted shares (in dollars per share)	$ 1.46	$ 1.71	$ 1.88
Weighted average shares used in computing earnings per common share:
Basic (in shares)	83,592	83,488	83,488
Diluted (in shares)	83,689	83,607	83,658

COMBINED CONSOLIDATED STATEMEN5

COMBINED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Net Parent Investment	Common Stock Par Value	Additional Paid-In Capital	Dividends in Excess of Net Income	Treasury Stock	Accumulated Other Comprehensive Income	Total CCP Equity	Non- controlling Interest
Balance at Dec. 31, 2013	$ 2,191,300	$ 2,186,201						$ 2,186,201	$ 5,099
Increase (decrease) in shareholders' equity
Net income attributable to CCP	157,595	157,595						157,595
Net change in noncontrolling interests	(236)								(236)
Net distribution to parent	(225,580)	(225,580)						(225,580)
Balance at Dec. 31, 2014	2,123,079	2,118,216						2,118,216	4,863
Increase (decrease) in shareholders' equity
Net income attributable to CCP	143,166	98,700			$ 44,466			143,166
Net change in noncontrolling interests	(225)								(225)
Acquisition of noncontrolling interests	(3,100)			$ 123				123	(3,223)
Net contribution from parent prior to separation	306,629	306,629						306,629
Net distribution to parent	(1,273,000)	(1,273,000)						(1,273,000)
Issuance of common stock at separation	835		$ 835					835
Issuance of common stock for acquisition	11,546		3	11,543				11,546
Transfer of remaining net parent investment to additional paid-in capital	0	(1,250,545)		1,250,545
Stock-based compensation	2,439			2,439				2,439
Dividends to common stockholders	(95,522)				(95,522)			(95,522)
Balance at Dec. 31, 2015	1,215,847	0	838	1,264,650	(51,056)			1,214,432	1,415
Increase (decrease) in shareholders' equity
Net income attributable to CCP	122,743				122,743			122,743
Net change in noncontrolling interests	(105)								(105)
Issuance of common stock for acquisition	1,373		2	1,371				1,373
Stock-based compensation	6,291			6,621		$ (330)		6,291
Other comprehensive income	10,476						$ 10,476	10,476
Dividends to common stockholders	(191,437)				(191,437)			(191,437)
Balance at Dec. 31, 2016	$ 1,165,188	$ 0	$ 840	$ 1,272,642	$ (119,750)	$ (330)	$ 10,476	$ 1,163,878	$ 1,310

COMBINED CONSOLIDATED STATEMEN6

COMBINED CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statement of Stockholders' Equity [Abstract]
Dividends to common stockholders, per share (in dollars per share)	$ 2.28	$ 1.14

COMBINED CONSOLIDATED STATEMEN7

COMBINED 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 income	$ 122,765	$ 143,355	$ 157,780
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and impairment	124,716	128,372	95,522
Decrease in value of damaged property, net of estimated insurance proceeds	3,570	0	0
Amortization of above and below market lease intangibles, net	(7,813)	(8,968)	(11,184)
Amortization of deferred financing fees	4,610	2,072	0
Accretion of direct financing lease	(1,517)	(1,351)	(1,207)
Amortization of leasing costs and other intangibles	4,570	6,519	4,859
Stock-based compensation	5,796	2,439	0
Straight-lining of rental income, net	(78)	(163)	(294)
(Gain) loss on real estate dispositions	(2,894)	(632)	61
Net gain on lease termination	(7,298)	0	0
Loss on extinguishment of debt	5,461	0	0
Income tax benefit	(35)	(370)	0
Other	(101)	(298)	36
Changes in operating assets and liabilities, net of effects of the acquisitions:
Increase in other assets	(3,183)	(11,085)	(4,832)
(Decrease) increase in tenant deposits	(14,825)	5,627	15,466
Increase (decrease) in accounts payable and other liabilities	15,476	1,657	(1,125)
Net cash provided by operating activities	249,220	267,174	255,082
Cash flows from investing activities:
Net investment in real estate property	(35,235)	(455,498)	(13,194)
Proceeds from real estate disposals	94,400	6,020	975
Investment in loans receivable	(89,371)	(21,463)	(799)
Proceeds from loans receivable	87,343	2,422	1,226
Development project expenditures	(38,064)	(22,854)	(11,163)
Capital expenditures	(4,413)	(15,738)	(6,022)
Net cash provided by (used in) investing activities	14,660	(507,111)	(28,977)
Cash flows from financing activities:
Net change in borrowings under revolving credit facility	(119,000)	143,000	0
Proceeds from debt	935,000	1,400,000	0
Repayment of debt	(926,000)	0	0
Payment of deferred financing costs	(10,400)	(20,209)	0
Purchase of noncontrolling interest	0	(3,100)	0
Distributions to noncontrolling interest	(127)	(375)	(420)
Net contribution from (distribution to) parent prior to separation	0	103,714	(225,428)
Distribution to parent	0	(1,273,000)	0
Purchase of treasury stock	(959)	0	0
Cash distribution to common stockholders	(143,576)	(95,522)	0
Net cash (used in) provided by financing activities	(265,062)	254,508	(225,848)
Net (decrease) increase in cash	(1,182)	14,571	257
Cash at beginning of period	16,995	2,424	2,167
Cash at end of period	15,813	16,995	2,424
Supplemental disclosure of cash flow information:
Interest paid	31,877	10,105	0
Income taxes paid	535	55	0
Supplemental schedule of non-cash activities:
Issuance of common stock for acquisition of specialty valuation firm	0	11,546	0
Other acquisition-related investing activities	0	151,511	0
Transfer of remaining net parent investment to additional paid-in capital	0	1,250,545	0
Transfer of real estate to loan receivable	29,432	0	0
Transfer of real estate to receivable	2,280	0	0
Settlement of accrued acquisition costs via transfer of stock	1,373	0	0
Change in accrued capital expenditures	(581)	3,771	0
Transfer of liability accounted stock-based compensation awards to equity	1,453	0	0
Change in certain tenant deposits	7,110	0	0
Accrued dividends	$ 47,861	$ 0	$ 0

Accounting Policies

Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Accounting Policies	Accounting Policies Principles of Combination and Consolidation and Basis of Presentation Prior to the spin-off, CCP was a wholly owned subsidiary of Ventas. Our combined consolidated financial statements for periods prior to our separation from Ventas were prepared on a stand-alone basis and represent a combination of entities under common control that have been “carved out” of Ventas’s consolidated financial statements. Subsequent to the spin-off, our financial statements have been prepared on a consolidated basis in accordance with U.S. generally accepted accounting principles (“GAAP”). Our consolidated financial statements for periods subsequent to our separation from Ventas include our accounts and the accounts of our wholly owned subsidiaries and the joint venture entities over which we have control. All intercompany transactions and balances have been eliminated in consolidation, and our net income is reduced by the portion of net income attributable to noncontrolling interests. The following is a summary of net income for the year ended December 31, 2015 on a disaggregated basis to show the respective amounts attributed to the periods prior and subsequent to our separation from Ventas: January 1, 2015 through August 17, 2015 August 18, 2015 through December 31, 2015 For the Year Ended December 31, 2015 (In thousands) Revenues: Rental income, net $ 197,275 $ 124,510 $ 321,785 Income from investments in direct financing lease and loans 2,175 1,643 3,818 Real estate services fee income — 2,247 2,247 Interest and other income 63 28 91 Total revenues 199,513 128,428 327,941 Expenses: Interest 22 12,325 12,347 Depreciation and amortization 66,988 44,764 111,752 Impairment on real estate investments and goodwill 12,898 10,241 23,139 General, administrative and professional fees 15,585 13,637 29,222 Deal costs 3,933 2,421 6,354 Other 1,267 199 1,466 Total expenses 100,693 83,587 184,280 Income before income taxes, real estate dispositions and noncontrolling interests 98,820 44,841 143,661 Income tax (expense) benefit (1,004 ) 66 (938 ) Gain on real estate dispositions — 632 632 Net income 97,816 45,539 143,355 Net income attributable to noncontrolling interests 120 69 189 Net income attributable to CCP $ 97,696 Net income attributable to common stockholders $ 45,470 Noncontrolling Interests We present the portion of any equity that we do not own in entities that we control (and thus consolidate) as noncontrolling interests and classify this interest as a component of consolidated equity, separate from total CCP equity, on our consolidated balance sheets. For consolidated joint ventures with pro rata distribution allocations, we allocate net income or loss between the joint venture partners based on their respective stated ownership percentages. We account for purchases or sales of equity interests that do not result in a change of control as equity transactions, either through net parent investment for periods prior to our separation from Ventas or through additional paid-in capital for periods subsequent to our separation from Ventas. In addition, we include net income or loss attributable to the noncontrolling interests in net income in our combined consolidated statements of income and comprehensive income. As of December 31, 2016 , we had a controlling interest in one joint venture entity that owned one SNF. The noncontrolling interest percentage for this joint venture was 49.0% at December 31, 2016 and December 31, 2015 . Accounting Estimates The preparation of combined consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions regarding future events that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We base these estimates on our experience and assumptions we believe to be reasonable under the circumstances. However, if our judgment or interpretation of the facts and circumstances relating to various transactions or other matters had been different, we may have applied a different accounting treatment, resulting in a different presentation of our financial statements. We periodically reevaluate our estimates and assumptions, and in the event they prove to be different from actual results, we make adjustments in subsequent periods to reflect more current estimates and assumptions about matters that are inherently uncertain. Net Real Estate Property Our investment in net real estate property is recorded on our consolidated balance sheets at historical cost, less accumulated depreciation and amortization. These real estate assets are initially measured upon their acquisition. We account for acquisitions using the acquisition method and record the cost of the businesses acquired among tangible and recognized intangible assets and liabilities based upon their estimated fair values as of the acquisition date. • Land —We determine the fair value of land either by considering the sales prices of similar properties in recent transactions or based on internal analyses of recently acquired and existing comparable properties within our portfolio. • Buildings —We estimate the fair value of buildings acquired on an as-if-vacant basis and depreciate the building value over the estimated remaining life of the building, generally not to exceed 35 years. • Other tangible fixed assets —We determine the fair value of other fixed assets, such as site improvements and furniture, fixtures and equipment, based upon the replacement cost and depreciate such value over the assets' estimated remaining useful lives as determined at the applicable acquisition date. • In-place lease intangibles —The fair value of in-place leases reflects our estimate of the cost to obtain tenants and an estimated value of the absorption period to reflect the value of the rent and recovery costs foregone during a reasonable lease-up period as if the acquired space was vacant. We amortize these intangibles through amortization expense over the remaining life of the associated lease plus assumed bargain renewal periods, if any. If a lease is terminated prior to its stated expiration or not renewed upon expiration, we recognize all unamortized lease-related intangibles associated with that lease in operations at that time. • Market lease intangibles —We estimate the fair value of any above and/or below market leases by discounting the difference between the estimated market rent and in-place lease rent. We amortize these intangibles to revenue over the remaining life of the associated lease plus any assumed bargain renewal periods, if any. If a lease is terminated prior to its stated expiration or not renewed upon expiration, we recognize all unamortized lease-related intangibles associated with that lease in operations at that time. • Purchase option intangibles —We estimate the fair value of purchase option intangible liabilities by discounting the difference between the applicable property's acquisition date fair value and an estimate of its future option price. We do not amortize the resulting intangible liability over the term of the lease, but rather adjust the recognized value of the asset or liability upon sale. • Goodwill —Goodwill represents the excess of the purchase price paid over the fair value of the net assets of the acquired business. We do not amortize goodwill. Impairment of Long-Lived and Intangible Assets and Goodwill We periodically evaluate our long-lived assets, primarily consisting of investments in real estate, for impairment indicators. If indicators of impairment are present, we evaluate 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, we consider market conditions and our current intentions with respect to the retention or disposition of the asset. We adjust the net book value of leased properties and other long-lived assets to fair value if the sum of the expected future undiscounted cash flows, including sales proceeds, is less than carrying value. We recognize any shortfall from carrying value as an impairment loss in the current period. If impairment indicators arise with respect to intangible assets with finite useful lives, we evaluate impairment by comparing the carrying amount of the asset to the estimated future undiscounted net cash flows expected to be generated by the asset. If estimated future undiscounted net cash flows are less than the carrying amount of the asset, then we estimate the fair value of the asset and compare the estimated fair value to the intangible asset's carrying value. We recognize any shortfall from carrying value as an impairment loss in the current period. We test goodwill for impairment at least annually, and more frequently if indicators arise. We assess qualitative factors, such as current macroeconomic conditions, the state of capital markets and our overall financial and operating performance, to determine the likelihood that the fair value of the reporting unit is less than its carrying amount. If we determine it is more likely than not that the fair value of the reporting unit is less than its carrying amount, we proceed with the two-step approach to evaluating impairment. First, we estimate the fair value of the reporting unit and compare it to the reporting unit's carrying value. If the carrying value exceeds fair value, we proceed with the second step, which requires us to assign the fair value of the reporting unit to all of the assets and liabilities of the reporting unit as if it had been acquired in a business combination at the date of the impairment test. The excess fair value of the reporting unit over the amounts assigned to the assets and liabilities is the implied value of goodwill and is used to determine the amount of impairment. We recognize an impairment loss to the extent the carrying value of goodwill exceeds the implied value in the current period. Additionally, when we classify our real estate assets as assets held for sale, we evaluate the entire disposal group, including the associated goodwill, for impairment. Estimates of fair value used in our evaluation of goodwill, real estate investments and intangible assets are based upon discounted future cash flow projections or other acceptable valuation techniques that are based, in turn, upon all available evidence including Level 3 inputs in the fair value hierarchy (as described below), such as revenue and expense growth rates, capitalization rates, discount rates or other available market data. Real estate investments that are impaired when classified as held for sale are generally estimated utilizing specific offers and quotes from potential buyers or brokers. Our ability to accurately predict future operating results and cash flows and to estimate and allocate fair values impacts the timing and recognition of impairments. While we believe our assumptions are reasonable, changes in these assumptions may have a material impact on our financial results. Assets Held for Sale We expect to sell properties from time to time for various reasons, including favorable market conditions or the exercise of purchase options by tenants. We classify certain long-lived assets as held for sale once the criteria, as defined by GAAP, have been met. Long-lived assets to be disposed of are reported at the lower of their carrying amount or fair value minus cost to sell and are no longer depreciated. Net Investment in Direct Financing Lease As of December 31, 2016 , we owned one SNF that we lease to an operator under a direct financing lease, as the tenant is obligated to purchase the property at the end of the lease term. The net investment in direct financing lease is recorded as a receivable on our consolidated balance sheets and represents the total undiscounted rental payments (including the tenant's purchase obligation), plus the estimated unguaranteed residual value, less the unearned lease income. Unearned lease income represents the excess of the minimum lease payments and residual values over the cost of the investment. Unearned lease income is deferred and amortized to income over the lease term to provide a constant yield when collectibility of the lease payments is reasonably assured. Income from our net investment in direct financing lease was $2.5 million , $2.4 million and $2.4 million for the years ended December 31, 2016 , 2015 and 2014 , respectively. Future minimum lease payments contractually due under the direct financing lease at December 31, 2016 , were as follows: 2017 - $2.1 million ; 2018 - $2.2 million ; 2019 - $2.2 million ; 2020 - $2.3 million ; 2021 - $26.8 million ; thereafter - $0.0 million . Loans Receivable We determine the fair value of loans receivable acquired in connection with a business combination by discounting the estimated future cash flows using current interest rates at which similar loans with the same terms and length to maturity would be made to borrowers with similar credit ratings. We do not establish a valuation allowance at the acquisition date, as the amount of estimated future cash flows reflects our judgment regarding their uncertainty. We recognize the difference between the acquisition date fair value and the total expected cash flows as interest income using the effective interest method over the life of the applicable loan. We immediately recognize in income any unamortized balances if the loan is repaid before its contractual maturity. Subsequent to the acquisition date, we evaluate changes regarding the uncertainty of future cash flows and the need for a valuation allowance, as appropriate. We regularly evaluate the collectibility of loans receivable based on factors such as corporate and facility-level financial and operational reports, compliance with financial covenants set forth in the applicable loan agreement, the financial strength of the borrower and any guarantors, the payment history of the borrower and current economic conditions. If our evaluation of these factors indicates it is probable that we will not be able to collect all amounts due under the terms of the applicable loan agreement, we provide a reserve against the portion of the receivable that we estimate may not be collected. Tenant Deposits Tenant deposits consist of security deposits and amounts provided by our tenants for future real estate taxes, insurance expenditures and tenant improvements related to our properties and their operations. Fair Values of Financial Instruments Fair value is a market-based measurement, not an entity-specific measurement, and we determine fair value based on the assumptions that we expect market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, GAAP establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity's own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy). Level 1 inputs utilize unadjusted quoted prices for identical assets or liabilities in active markets that we have the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are directly or indirectly observable for the asset or liability. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets and other inputs for the asset or liability that are observable at commonly quoted intervals, such as interest rates and yield curves. Level 3 inputs are unobservable inputs for the asset or liability, which typically are based on our own assumptions, because there is little, if any, related market activity. If the determination of the fair value measurement is based on inputs from different levels of the hierarchy, the level within which the entire fair value measurement falls is the lowest level input that is significant to the fair value measurement in its entirety. If the volume and level of market activity for an asset or liability has decreased significantly relative to the normal market activity for such asset or liability (or similar assets or liabilities), then transactions or quoted prices may not accurately reflect fair value. In addition, if there is evidence that a transaction for an asset or liability is not orderly, little, if any, weight is placed on that transaction price as an indicator of fair value. Our assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. We use the following methods and assumptions in estimating the fair value of our financial instruments. • Cash —The carrying amount of cash reported on our combined consolidated balance sheets approximates fair value. • Loans receivable —We estimate the fair value of loans receivable using Level 2 and Level 3 inputs: we discount future cash flows using current interest rates at which similar loans with the same terms and length to maturity would be made to borrowers with similar credit ratings. • Term loans, senior notes and other debt —We estimate the fair value of term loans, senior notes and other debt using Level 2 inputs: we discount the future cash flows using current interest rates and credit spreads at which we could obtain similar borrowings. See “Note 9—Borrowing Arrangements.” • Derivatives —We estimate the fair value of our derivatives using Level 2 inputs. See “Note 10—Derivatives and Hedging Activities.” Revenue Recognition Triple-Net Leased Properties Certain of our triple-net leases provide for periodic and determinable increases in base rent. We recognize base rental revenues under these leases on a straight-line basis over the applicable lease term when collectibility is reasonably assured. Recognizing rental income on a straight-line basis generally results in recognized revenues during the first half of a lease term exceeding the cash amounts contractually due from our tenants, creating a straight-line rent receivable that is included in other assets on our combined consolidated balance sheets. Our remaining leases provide for periodic increases in base rent only if certain revenue parameters or other substantive contingencies are met. We recognize the increased rental revenue under these leases as the related parameters or contingencies are met, rather than on a straight-line basis over the applicable lease term. Other We recognize income from lease terminations and certain other income when all of the following criteria are met in accordance with Securities and Exchange Commission (“SEC”) Staff Accounting Bulletin 104: (i) the applicable agreement has been fully executed and delivered; (ii) services have been rendered; (iii) the amount is fixed or determinable; and (iv) collectibility is reasonably assured. Allowances We assess our rent receivables, including straight-line rent receivables, to determine whether an allowance is appropriate. We base our assessment of rent receivables (other than straight-line rent receivables) on several factors, including, among other things, payment history, the financial strength of the tenant and any guarantors, the value of the underlying collateral, if any, and current economic conditions, including government reimbursement. If our evaluation of these factors indicates that we may not be able to recover the full value of the receivable, we provide an allowance against the portion of the receivable that we estimate may not be recovered. We also base our assessment of straight-line rent receivables on several factors, including, among other things, the financial strength of the tenant and any guarantors, the historical operations and operating trends of the property, the historical payment pattern of the tenant, the type of property and government reimbursement. If our evaluation of these factors indicates that we may not be able to collect the increases in rent payments due in the future, we provide an allowance against the recognized straight-line rent receivable asset that we estimate may not be collected. If we change our assumptions or estimates regarding the collectibility of future rent payments required by a lease, we may adjust the allowance to increase or reduce the rental revenue recognized in the period we make such change in our assumptions or estimates. Federal Income Tax Ventas elected to be treated as a REIT under the applicable provisions of the Internal Revenue Code of 1986, as amended (the “Code”), for every year beginning with the year ended December 31, 1999. Accordingly, with respect to periods prior to our separation from Ventas, Ventas generally was not subject to federal income tax. We elected to be treated as a REIT under the applicable provisions of the Code, beginning with the year ended December 31, 2015. Segment Reporting As of December 31, 2016 , 2015 and 2014 , we operated through a single reportable business segment: triple-net leased properties. We primarily invest in SNFs and other healthcare properties throughout the United States and lease those properties to healthcare operating companies under “triple-net” or “absolute-net” leases that obligate the tenants to pay all property-related expenses. Derivative Instruments and Hedging Activities We record all derivative financial instruments on our consolidated balance sheets at fair value as of the reporting date. Our accounting for changes in the fair value of derivative financial instruments depends on our intended use of the derivative, whether we have elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Hedge accounting generally provides for matching of the timing of gain or loss recognition on the hedging instrument with the recognition of changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge, or to the earnings effect of the hedged forecasted transactions in a cash flow hedge. In accordance with the Financial Accounting Standards Board’s (“FASB”) fair value measurement guidance in Accounting Standards Update (“ASU”) No. 2011-04, Fair Value Measurement (Topic 820) , we have elected to measure the credit risk of our derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. We do not use our derivative financial instruments for trading or speculative purposes. Our derivatives were 100% effective, and, therefore, we did not record any hedge ineffectiveness in earnings during the year ended December 31, 2016 . We did not offset our derivative financial instrument asset against any derivative financial instrument liabilities as of December 31, 2016 . Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation. Recently Issued or Adopted Relevant Accounting Standards In 2014, the FASB issued ASU No. 2014-09, Revenue From Contracts With Customers (“ASU 2014-09”), which outlines a comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This new guidance is effective January 1, 2018, with early adoption permitted beginning January 1, 2017, and will replace existing revenue recognition standards. The sale of investment property and any non-lease components contained within lease agreements will be required to follow the new guidance; however, lease components of lease contracts will be excluded from this guidance. This pronouncement allows either a full or a modified retrospective method of adoption. Expanded quantitative and qualitative disclosures regarding revenue recognition will be required for contracts that are subject to this guidance. While we anticipate additional disclosure, we do not expect the adoption of this pronouncement will have a material effect on our consolidated financial statements, as substantially all of our revenue consists of rental income from leasing arrangements, which is specifically excluded from ASU 2014-09; however, we will continue to evaluate this assessment until the guidance becomes effective. In February 2016, the FASB issued ASU No. 2016-02, Leases (“ASU 2016-02”), which, among other things, requires lessees to recognize most leases on the balance sheet and therefore will increase reported assets and liabilities of such lessees. This new guidance is effective January 1, 2019, with early adoption permitted, and will require lessees to recognize a liability to make lease payments and a right-of-use asset, initially measured at the present value of lease payments, for both operating and financing leases. For leases with a term of 12 months or less, lessees will be permitted to make an accounting policy election by class of underlying asset to not recognize lease liabilities and lease assets. Under this new pronouncement, lessor accounting will be largely unchanged from existing GAAP. The pronouncement requires a modified retrospective method of adoption, with some optional practical expedients. Upon adoption, we will recognize a lease liability and a right-of-use asset for operating leases where we are the lessee, such as ground leases and office leases. We will continue to evaluate the impact of this guidance until it becomes effective. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which provides for an impairment model that is based on expected losses rather than incurred losses. Under ASU 2016-13, an entity recognizes as an allowance its estimate of expected credit losses. ASU 2016-13 is effective for us beginning January 1, 2020. We are continuing to evaluate this guidance; however, we do not expect its adoption will have a significant effect on our consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), that addresses eight classification issues related to the statement of cash flows. ASU 2016-15 is effective for us for fiscal years beginning after December 15, 2017. We are continuing to evaluate the application of this guidance and its effect on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805) (“ASU 2017-01”), which clarifies the definition of a business and provides a screen to determine when an integrated set of assets and activities is not considered a business and, thus, accounted for as an asset acquisition as opposed to a business combination. The screen requires 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 considered a business. Under ASU 2017-01, we expect most acquisitions of investment property will meet the screen and, thus, be accounted for as asset acquisitions. Consistent with existing guidance, transaction costs associated with asset acquisitions are capitalized while transaction costs associated with business combinations are expensed as incurred. In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment (“ASU 2017-04”), which simplifies the measurement of goodwill impairment. An entity will no longer perform a hypothetical purchase price allocation to measure goodwill impairment. Instead, impairment will be measured using the difference between the carrying amount and the fair value of the reporting unit. ASU 2017-04 is effective for us for fiscal years beginning after December 15, 2019. We are continuing to evaluate the application of this guidance and its effect on our consolidated financial statements.

Description of Business

Description of Business	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Care Capital Properties, Inc. (together with its consolidated subsidiaries, unless the context otherwise requires or indicates, “we,” “us,” “our,” “our company” or “CCP”) is a self-administered, self-managed real estate investment trust (“REIT”) with a diversified portfolio of skilled nursing facilities (“SNFs”) and other healthcare assets operated by private regional and local care providers. We generate our revenues primarily by leasing our properties to unaffiliated tenants under long-term triple-net leases, pursuant to which the tenants are obligated to pay all property-related expenses, including maintenance, utilities, repairs, taxes, insurance and capital expenditures. In addition, we originate and manage a small portfolio of secured and unsecured loans, made primarily to our SNF operators and other post-acute care providers. Our company was originally formed in April 2015 to hold the post-acute/SNF portfolio of Ventas, Inc. (“Ventas”) and its subsidiaries operated by regional and local care providers (the “CCP Business”). On August 17, 2015, Ventas completed its spin-off of the CCP Business by distributing one share of our common stock for every four shares of Ventas common stock held as of the applicable record date, and, as a result, we began operating as an independent public company and our common stock commenced trading on the New York Stock Exchange under the symbol “CCP” as of August 18, 2015. As of December 31, 2016 , our portfolio consisted of 345 properties operated by 38 private regional and local care providers, spread across 36 states and containing a total of approximately 38,000 beds/units. We conduct all of our operations through our wholly owned operating partnership, Care Capital Properties, LP (“Care Capital LP”), and its subsidiaries.

Acquisitions of Real Estate Pro

Acquisitions of Real Estate Property	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Acquisitions of Real Estate Property	Acquisitions of Real Estate Property In December 2016, we completed the acquisition of four SNFs, one seniors housing community and one campus (consisting of one SNF and one seniors housing community) for $36.0 million in a sale-leaseback transaction with an existing operator. The properties are currently being held in a Code Section 1031 exchange escrow account with a qualified intermediary. In December 2015, we completed the acquisition of the 6.82% noncontrolling interest in a former joint venture for $3.1 million . In September 2015, we completed the acquisition of eight properties ( seven SNFs and one campus with both skilled nursing and assisted living facilities) and simultaneously entered into a long-term master lease with Senior Care Centers, LLC (together with its subsidiaries, “SCC”) to operate the acquired portfolio. We purchased the assets for approximately $190 million in cash and made a $20 million five -year, fully amortizing loan to SCC, resulting in a total transaction value of approximately $210 million . We funded this transaction through cash on hand and borrowings under our unsecured revolving credit facility and term loans (see “Note 9—Borrowing Arrangements”). In January 2015, Ventas completed the acquisition of American Realty Capital Healthcare Trust, Inc. (“HCT”) in a stock and cash transaction, which included 14 SNFs, two specialty hospitals and four seniors housing properties that were transferred to us in connection with the separation. Also in January 2015, Ventas completed the acquisition of 12 SNFs for an aggregate purchase price of $234.9 million , all of which were transferred to us in connection with the separation and are currently operated by SCC. Estimated Fair Value We are accounting for our 2016 and 2015 acquisitions under the acquisition method in accordance with ASC 805. The following table summarizes the acquisition date fair values of the assets acquired and liabilities assumed during 2016 (in thousands): Land and improvements $ 2,240 Buildings and improvements 31,640 Acquired lease intangibles 2,120 Total assets acquired 36,000 Tenant deposits 765 Total liabilities assumed 765 Net assets acquired $ 35,235 The following table summarizes the acquisition date fair values of the assets acquired and liabilities assumed during 2015 (in thousands): Land and improvements $ 38,361 Buildings and improvements 515,620 Acquired lease intangibles 14,138 Goodwill (1) 56,275 Other assets 8,034 Total assets acquired 632,428 Tenant deposits 8,801 Lease intangible liabilities 3,729 Accounts payable and other liabilities 1,343 Total liabilities assumed 13,873 Net assets acquired $ 618,555 __________ (1) As it relates to the HCT acquisition, goodwill was allocated to us on a relative fair value basis from total goodwill recognized by Ventas. A $1.8 million reduction of the original amount of goodwill due to HCT was recognized in 2015. Aggregate Revenue and NOI For the year ended December 31, 2016 , aggregate revenues and NOI derived from our 2016 real estate acquisitions during our period of ownership were both $0.2 million . For the year ended December 31, 2015, aggregate revenues and NOI derived from our 2015 real estate acquisitions during our period of ownership were both $34.8 million . During 2015, we restructured the lease terms and reduced the rent on 12 HCT properties, including those sold or classified as held for sale, in an aggregate amount of $5.7 million after the application of security deposits. Unaudited Pro Forma The following table illustrates the effect on revenues and net income attributable to CCP as if we had consummated the acquisitions completed during the year ended December 31, 2016 as of January 1, 2015: For the Years Ended December 31, 2016 2015 (Unaudited) (In thousands, except per share amounts) Revenues $ 350,774 $ 331,001 Net income attributable to CCP 123,781 144,393 Net income attributable to CCP, per basic share $ 1.48 $ 1.73 Net income attributable to CCP, per diluted share 1.48 1.73 The following table illustrates the effect on revenues and net income attributable to CCP as if we had consummated the acquisitions completed during the year ended December 31, 2015 as of January 1, 2014: For the Years Ended December 31, 2015 2014 (Unaudited) (In thousands, except per share amounts) Revenues $ 345,015 $ 348,906 Net income attributable to CCP 148,392 180,152 Net income attributable to CCP, per basic share $ 1.78 $ 2.16 Net income attributable to CCP, per diluted share 1.77 2.15 Deal Costs Deal costs consist of expenses primarily related to transactions, whether consummated or not, and operator transitions. These costs are expensed as incurred in the applicable periods. Deal costs for the years ended December 31, 2016 and 2015 were $3.1 million and $6.4 million , respectively. For acquisitions completed during the year ended December 31, 2016, $0.1 million of deal costs were expensed in 2016. For acquisitions completed during the year ended December 31, 2015 , $0.3 million and $5.9 million of deal costs were expensed in the years ended December 31, 2016 and 2015 , respectively. Deal costs for the year ended December 31, 2015 include an allocation of expenses incurred by Ventas related to the HCT acquisition based on relative property net operating income (“NOI”). Acquisition of Specialty Valuation Firm On August 14, 2015, we completed the acquisition of a specialty healthcare and seniors housing valuation firm in exchange for the issuance of 339,602 shares of our common stock. This specialty valuation firm subsidiary represents our TRS. Pursuant to the purchase agreement, we agreed to issue additional shares to the sellers to the extent that the value of the common stock originally issued to the sellers based on the volume-weighted average price (“VWAP”) of the common stock over the 30 days immediately prior to the six -month anniversary of the closing of the acquisition was less than approximately $11.5 million . In February 2016, we issued 56,377 shares of our common stock, valued at $1.4 million , to the sellers as additional consideration pursuant to the purchase agreement. For the year ended December 31, 2015 , aggregate revenues related to the specialty valuation firm were $2.2 million . Net loss for the year ended December 31, 2015 was $(0.1) million. For the year ended December 31, 2015, the above aggregate revenues and net loss are only for the period of ownership (from August 2015).

Assets Held For Sale and Dispos

Assets Held For Sale and Dispositions of Real Estate Property Assets Held For Sale and Dispositions of Real Estate Property	12 Months Ended
	Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Assets Held For Sale and Dispositions of Real Estate Property	Assets Held For Sale and Dispositions of Real Estate Property Rollforward of Assets Held For Sale Number of Properties Net Book Value (In thousands) December 31, 2014 4 $ 4,184 Properties added 12 18,285 Properties sold (6 ) (9,337 ) December 31, 2015 10 13,132 Properties added 38 244,684 Properties sold (18 ) (190,945 ) December 31, 2016 30 $ 66,871 As of December 31, 2016 and December 31, 2015 , we classified 30 properties and 10 properties, respectively, as assets held for sale, which are included in other assets on our consolidated balance sheets. For the years ended December 31, 2016 , 2015 and 2014, we recognized impairment charges of $18.0 million , $18.2 million and $8.8 million , respectively, related to these assets. The fair value was estimated based on the intended purchase price of the property or based on a market approach and Level 3 inputs. In May 2016, we sold seven SNFs in a single transaction for aggregate consideration of $95.1 million . We recognized a gain on the sale of these assets of $0.8 million . Concurrently with the sale, we made a mezzanine loan to an affiliate of the purchasers in the amount of $25.0 million . See “Note 6—Loans Receivable, Net.” During 2016, we sold an additional ten SNFs and one specialty hospital in separate transactions for aggregate consideration of $28.8 million . We recognized a net gain on the sale of these assets of $2.1 million . In connection with the sale of one SNF, we made an 18 -month secured loan to the purchaser in the amount of $4.5 million . See “Note 6—Loans Receivable, Net.” For two of these SNFs, we recognized impairment charges of $4.7 million during 2016. During the year ended December 31, 2016 , we recognized a $3.6 million net loss related to one SNF located in West Virginia that sustained property damage due to a casualty. Subsequent to the casualty, we received notice from the state that we would be unable to restore the property to its intended use. The net loss reflects a decline in the carrying value of the asset, offset by the estimated insurance proceeds we expect to recover. This amount is included in other expenses, net in our combined consolidated statements of income and comprehensive income. During 2015, we sold six SNFs in separate transactions for aggregate consideration of $6.0 million . We recognized a net gain on the sale of these assets of $0.6 million . For three of these SNFs, we recognized impairment charges of $13.3 million during 2015.

Triple-Net Lease Arrangements

Triple-Net Lease Arrangements	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Triple-Net Lease Arrangements	Triple-Net Lease Arrangements The following table sets forth the future contracted minimum rentals, excluding contingent rent escalations, but including straight-line rent adjustments where applicable, for all of our triple-net leases as of December 31, 2016 (excluding properties classified as held for sale as of December 31, 2016 and rents from direct financing lease) (in thousands): 2017 $ 300,417 2018 302,268 2019 304,272 2020 284,827 2021 261,946 Thereafter 1,388,074 Total $ 2,841,804 Our straight-line rent receivable balance was $0.7 million and $0.6 million , net of allowances of $97.1 million and $87.4 million , as of December 31, 2016 and 2015 , respectively. We recognized charges for straight-line rent allowances within rental income, net on our combined consolidated statements of income and comprehensive income of $19.1 million , $25.8 million and $21.4 million for the years ended December 31, 2016 , 2015 and 2014 , respectively.

Loans Receivable, Net

Loans Receivable, Net	12 Months Ended
	Dec. 31, 2016
Loans Receivable, Net [Abstract]
Loans Receivable, Net	Loans Receivable, Net Below is a summary of our loans receivable as of December 31, 2016 and 2015 (in thousands): 2016 2015 Carrying Value Fair Value Carrying Value Fair Value Mortgage loans receivable, net $ 9,313 $ 8,746 $ 5,255 $ 4,494 Other loans receivable, net 52,951 52,288 24,472 24,188 Total loans receivable, net $ 62,264 $ 61,034 $ 29,727 $ 28,682 Mortgage Loans Receivable Mortgage loans receivable, net represents two loans. One loan, with a principal amount of $5.6 million and a net carrying value of $5.3 million , is secured by one SNF, has a stated interest rate of 9.75% per annum, and matures in 2018. We recognized interest income of $0.5 million , $0.5 million and $0.5 million for the years ended December 31, 2016, 2015, and 2014, respectively, related to this loan. The second loan, with a principal amount of $4.5 million and a net carrying value of $4.1 million , is secured by one SNF, has a stated interest rate of 10.0% per annum, and matures in 2017. This loan was made to the purchaser in connection with the sale of the property and is cross-collateralized and cross-defaulted to our lease agreements with affiliates of the borrower. Interest payments on the note represent unrecognized profit, which is presented net against the loan receivable amount. Other Loans Receivable We made a four -year mezzanine loan in the amount of $25.0 million and maturing in 2020 to an affiliate of the purchasers of seven properties we sold in May 2016. The loan has a stated interest rate of 10.0% per annum. It is secured by equity interests in subsidiaries of the borrower and cross-collateralized and cross-defaulted to our lease agreements with affiliates of the borrower. We recognized interest income of $1.5 million related to this loan for the year ended December 31, 2016. In September 2015, we made a $20 million five -year, fully amortizing loan maturing in 2020 to SCC. The loan bears interest at an annual rate of LIBOR plus 5% , which is subject to periodic increase over the term of the loan. As of December 31, 2016, this loan had an outstanding principal balance of $15.0 million . It is cross-collateralized and cross-defaulted to our lease agreements with affiliates of the borrower. We recognized interest income of $1.0 million and $0.4 million related to this loan for the years ended December 31, 2016 and 2015, respectively. In December 2015, we made a $1.0 million , four -year, fully amortizing loan maturing in 2019 to Signature HealthCARE, LLC (together with its subsidiaries, “Signature”) in connection with its acquisition from Elmcroft Senior Living, Inc. of the operations of 18 SNFs owned by us. The loan has a stated interest rate of 8.0% per annum. We recognized interest income of $0.1 million related to this loan for the year ended December 31, 2016. We did no t recognize interest income related to this loan for the year ended December 31, 2015. The remaining other loans receivable balance of $11.9 million consists of eight loans with various operators with interest rates ranging from 5.0% to 11.3% per annum and maturity dates through 2027. We recognized interest income of $0.7 million , $0.4 million and $0.3 million for the years ended December 31, 2016, 2015, and 2014, respectively. Fair value estimates as reflected in the table above are subjective in nature and based upon Level 3 inputs and several important assumptions, including estimates of future cash flows, risks, discount rates and relevant comparable market information associated with each financial instrument. The use of different market assumptions and estimation methodologies may have a material effect on the reported estimated fair value amounts. Accordingly, the estimates presented above are not necessarily indicative of the amounts we would realize in a current market exchange.

Intangibles and Goodwill

Intangibles and Goodwill	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Intangibles and Goodwill	Intangibles and Goodwill The following is a summary of our intangibles and goodwill as of December 31, 2016 and 2015 : December 31, 2016 December 31, 2015 Balance Remaining Weighted Average Amortization Period in Years Balance Remaining Weighted Average Amortization Period in Years (Dollars in thousands) Intangible assets: Above market lease intangibles $ 56,570 11.1 $ 64,516 11.4 In-place lease intangibles 35,861 12.8 37,353 13.4 Tradename, technology and customer relationships 2,950 3.5 2,950 4.5 Accumulated amortization (44,511 ) N/A (45,390 ) N/A Goodwill 123,884 N/A 145,374 N/A Net intangible assets $ 174,754 11.5 $ 204,803 12.3 Intangible liabilities: Below market lease intangibles $ 167,789 15.0 $ 194,141 14.9 Above market ground lease intangibles 1,907 51.9 1,907 52.9 Accumulated amortization (72,060 ) N/A (75,052 ) N/A Purchase option intangibles 5,546 N/A 9,352 N/A Net intangible liabilities $ 103,182 15.7 $ 130,348 15.5 ________ N/A—Not Applicable Above market lease intangibles and in-place lease intangibles are included in acquired lease intangibles within real estate investments on our combined consolidated balance sheets. Below market lease intangibles, above market ground lease intangibles and purchase option intangibles are included in lease intangible liabilities, net on our consolidated balance sheets. Tradename, technology and customer relationships are associated with our specialty valuation firm subsidiary and included in other assets on our consolidated balance sheets. For the years ended December 31, 2016 , 2015 and 2014 , our net amortization related to these intangibles was $4.8 million , $5.9 million and $8.3 million , respectively. The estimated net amortization related to these intangibles for each of the next five years is as follows: 2017 — $4.0 million ; 2018 — $4.0 million ; 2019 — $4.4 million ; 2020 — $4.2 million ; and 2021 — $2.7 million . As a result of the lease termination with respect to eleven properties, we recognized revenues of $7.3 million for the year ended December 31, 2016 as compared to 2015 , due to accelerated amortization of above and below-market rent intangibles, which is recorded in net gain on lease termination. In addition, for the same properties, depreciation and amortization increased by $0.7 million for the year ended December 31, 2016 as compared to 2015 , due to accelerated amortization of in-place lease intangibles. The following table displays a rollforward of the carrying amount of goodwill from January 1, 2015 to December 31, 2016 (in thousands): Balance as of January 1, 2015 $ 88,959 Additions 56,992 Disposals (577 ) Balance as of December 31, 2015 145,374 Disposals (17,854 ) Impairment (3,636 ) Balance as of December 31, 2016 $ 123,884 We assess goodwill for potential impairment during the fourth quarter of each fiscal year, or during the year if an event or circumstance indicates that we may not be able to recover the carrying amount of the net assets of the reporting unit. For the year ended December 31, 2016, we determined the fair value of the specialty valuation firm was less than its carrying value. The fair value was estimated based on a market approach and Level 3 inputs. We completed the second step of the goodwill analysis and estimated the implied fair value of the reporting unit’s net assets other than goodwill. The result was a $3.6 million impairment included in impairment in real estate investments and goodwill in the consolidated statement of income and comprehensive income for the year ended December 31, 2016.

Other Assets

Other Assets	12 Months Ended
	Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets The following is a summary of our other assets as of December 31, 2016 and 2015 : 2016 2015 (In thousands) Straight-line rent receivables, net $ 657 $ 579 Deferred lease costs, net 5,471 6,895 Assets held for sale 70,103 15,035 Derivative fair value asset 10,476 — Other, net 18,425 15,534 Total other assets $ 105,132 $ 38,043

Borrowing Arrangements

Borrowing Arrangements	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Borrowing Arrangements	The following is a summary of our term loans, senior notes and other debt as of December 31, 2016 and 2015 (in thousands): 2016 2015 (In thousands) Unsecured revolving credit facility $ 24,000 $ 143,000 Unsecured term loan due 2017 — 600,000 Secured term loan due 2019 135,000 — Unsecured term loan due 2020 474,000 800,000 Unsecured term loan due 2023 200,000 — 5.125% senior notes due 2026 500,000 — 5.38% senior notes due 2027 100,000 — Total 1,433,000 1,543,000 Unamortized debt issuance costs 18,466 18,137 Total term loans, senior notes and other debt $ 1,414,534 $ 1,524,863 In July 2016, Care Capital LP issued and sold $500 million aggregate principal amount of 5.125% Senior Notes due 2026 (the “Notes due 2026”) to qualified institutional buyers pursuant to Rule 144A and to certain persons outside of the United States pursuant to Regulation S, each under the Securities Act, for total proceeds of $500 million before the initial purchasers’ discount and expenses. The Notes due 2026 are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by CCP and Care Capital LP’s general partner, Care Capital Properties GP, LLC (“Care Capital GP”). Care Capital LP may, at its option, redeem the Notes due 2026 at any time in whole or from time to time in part at a redemption price equal to 100% of their principal amount, together with accrued and unpaid interest thereon, if any, to (but excluding) the date of redemption, plus, if redeemed prior to May 15, 2026, a make-whole premium. We used the net proceeds from the sale of the Notes due 2026 to repay all of the remaining indebtedness outstanding under our previous $600 million unsecured term loan due 2017 (the “ $600 million Term Loan”) and a portion of the indebtedness outstanding under our $800 million unsecured term loan due 2020 (the “ $800 million Term Loan”). We recognized interest expense of $11.8 million related to the Notes due 2026 for the year ended December 31, 2016. Pursuant to a registration rights agreement entered into in connection with the sale of the Notes due 2026, in February 2017, we completed an offer to exchange the Notes due 2026 with a new series of notes that are registered under the Securities Act of 1933, as amended (the “Securities Act”), and are otherwise substantially identical to the original Notes due 2026, except that certain transfer restrictions, registration rights and liquidated damages do not apply to the new notes. We did not receive any additional proceeds in connection with the exchange offer. Also in July 2016, certain wholly owned subsidiaries of Care Capital LP, as borrowers (the “Borrowers”), entered into a Loan Agreement with a syndicate of banks providing for a $135 million term loan (the “ $135 million Term Loan”) that bears interest at a fluctuating rate per annum equal to LIBOR for a one -month interest period plus 1.80% and matures in July 2019. The $135 million Term Loan is secured by first lien mortgages and assignments of leases and rents on specified facilities owned by the Borrowers. The payment and performance of the Borrowers’ obligations under the $135 million Term Loan are guaranteed by CCP and Care Capital LP. We used the net proceeds from the $135 million Term Loan to repay a portion of the indebtedness outstanding under the $800 million Term Loan. We recognized interest expense of $1.4 million related to the $135 million Term Loan for the year ended December 31, 2016. In May 2016, Care Capital LP issued and sold $100 million aggregate principal amount of 5.38% Senior Notes due May 17, 2027 (the “Notes due 2027”) through a private placement in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), for total proceeds of $100 million before expenses. The Notes due 2027 are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by CCP and Care Capital GP. We used the net proceeds from the issuance and sale of the Notes due 2027 to repay a portion of the indebtedness outstanding under the $600 million Term Loan. We recognized interest expense of $3.3 million related to the Notes due 2027 for the year ended December 31, 2016. In January 2016, Care Capital LP, as borrower, and CCP and Care Capital GP, as guarantors, entered into a Term Loan and Guaranty Agreement with a syndicate of banks that provides for a $200 million unsecured term loan due 2023 (the “ $200 million Term Loan”) at an interest rate of LIBOR plus an applicable margin based on Care Capital LP’s unsecured long-term debt ratings, which was 1.80% at December 31, 2016. We used the net proceeds from borrowings under the $200 million Term Loan to repay a portion of the indebtedness outstanding under the $600 million Term Loan. We recognized interest expense of $4.3 million related to the $200 million Term Loan for the year ended December 31, 2016. Also in January 2016, we entered into agreements to swap a total of $600 million of outstanding indebtedness, effectively converting the interest on that debt from floating rates to fixed rates. The swap agreements have original terms of 4.6 years and 7 years . On August 17, 2015, Care Capital LP, as borrower, and CCP, Care Capital GP and certain subsidiaries of Care Capital LP, as guarantors, entered into a Credit and Guaranty Agreement (the “Credit Agreement”) with a syndicate of banks that provides for a $600 million unsecured revolving credit facility (the “Revolver”), the $600 million Term Loan and the $800 million Term Loan (collectively with the $600 million Term Loan, the “Original Term Loans” and together with the Revolver, the “Facility”). The Revolver has an initial term of four years , but may be extended, at Care Capital LP’s option subject to compliance with the terms of the Credit Agreement and payment of a customary fee, for two additional six -month periods. The $600 million Term Loan was repaid in full during 2016. A loss on extinguishment of debt of $5.5 million resulted from the write-off of unamortized debt issuance costs associated with the repayment of the remaining indebtedness outstanding under the $600 million Term Loan and a portion of indebtedness outstanding under the $800 million Term Loan with proceeds from the issuance and sale of the Notes due 2026 and the $135 million Term Loan. The Credit Agreement also includes an accordion feature that permits Care Capital LP to increase the aggregate borrowing capacity under the Facility by $500 million . Borrowings under the Facility bear interest at a fluctuating rate per annum equal to LIBOR plus an applicable margin based on Care Capital LP’s leverage or, if applicable, unsecured long-term debt ratings. At December 31, 2016 , the applicable margin was 1.30% for Revolver borrowings and 1.50% for Original Term Loan borrowings, and we had approximately $576 million of unused borrowing capacity available under the Revolver. We recognized interest expense of $20.2 million and $ 10.4 million related to the Facility for the years ended December 31, 2016 and 2015, respectively. Based on the recent issuance of our debt, as well as the related terms and conditions of our debt, we consider the carrying value of our term loans, senior notes and other debt to be consistent with fair value. As of December 31, 2016 , the fair value and carrying value of our term loans, senior notes and other debt were both $1.4 billion . As of December 31, 2016 , our indebtedness had the following maturities: Principal Amount Due at Maturity Revolver (1) Total Maturities (In thousands) 2016 $ — $ — $ — 2017 — — — 2018 — — — 2019 135,000 24,000 159,000 2020 474,000 — 474,000 Thereafter 800,000 — 800,000 Total Maturities $ 1,409,000 $ 24,000 $ 1,433,000 (1) As of December 31, 2016 , we had $15.8 million of cash, resulting in $8.2 million of net borrowings outstanding under the Revolver. The Revolver may be extended, at Care Capital LP’s option, for two additional six -month periods.

Derivatives and Hedging Activit

Derivatives and Hedging Activities Derivatives and Hedging Activities	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	Derivatives and Hedging Activities We are exposed to certain risks arising from both our business operations and economic conditions. We principally manage our exposures to a wide variety of business and operational risks through management of our core business activities. We manage economic risks, including interest rate, liquidity and credit risk, primarily by managing the amount, sources, and duration of our debt funding and the use of derivative financial instruments. Specifically, we enter into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. Our derivative financial instruments are used to manage differences in the amount, timing, and duration of our known or expected cash receipts and our known or expected cash payments principally related to our investments and borrowings. We recognized interest expense of $4.6 million related to derivatives and hedging activities in the year ended December 31, 2016 . Cash Flow Hedges of Interest Rate Risk Our objectives in using interest rate derivatives are to add stability to interest expense and to manage our exposure to interest rate movements. To accomplish these objectives, we primarily use interest rate swaps as part of our interest rate risk management strategy. As of December 31, 2016 , we had eight outstanding interest rate swaps with a combined notional amount of $600 million that were designated as cash flow hedges of interest rate risk. During the year ended December 31, 2016 , these derivatives were used to hedge the variable cash flows associated with existing variable rate debt. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income (“AOCI”) and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on our variable rate debt. During the next 12 months, we estimate that an additional $2.0 million will be reclassified as an increase to interest expense. The table below presents the fair value of our derivative financial instruments, as well as their classification on our consolidated balance sheet as of December 31, 2016 (in thousands): Asset Derivative Derivatives Designated as Hedging Instruments Balance Sheet Location December 31, 2016 Interest rate contracts Other assets $ 10,476 The table below presents the effect of our derivative financial instruments on our consolidated statement of income and comprehensive income for the year ended December 31, 2016 (in thousands): Derivatives in Cash Flow Hedging Relationships Amount of Gain Recognized in AOCI on Derivative (Effective Portion) Location of Gain/Loss Reclassified from AOCI into Income (Effective Portion) Amount of Loss Reclassified from AOCI into Income (Effective Portion) Interest rate contracts $ 5,862 Interest expense $ (4,614 ) Our derivatives were 100% effective, and therefore, we did not record any hedge ineffectiveness in earnings during the year ended December 31, 2016 . We did not offset our derivative financial instrument asset against any derivative financial instrument liabilities as of December 31, 2016 . Credit-Risk-Related Contingent Features Our agreements with each of our derivative counterparties provide that we could be in default on our derivative obligations if the underlying indebtedness is accelerated by the lender due to our default on that indebtedness. As of December 31, 2016 , we did not have any derivative instruments in a net liability position. Fair Value Disclosure of Derivative Financial Instruments The valuation of our interest rate swaps is determined using widely accepted valuation techniques, including a discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The fair values of interest rate swaps are determined using the standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on an expectation of future interest rates derived from observable market forward interest rate curves. To comply with the provisions of ASC 820, we incorporate credit valuation adjustments to appropriately reflect both our own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of our derivative contracts for the effect of nonperformance risk, we have considered the impact of netting and any applicable credit enhancements (such as collateral postings, thresholds, mutual puts and guarantees). The fair value of interest rate hedging instruments is the amount that we would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the reporting date. Our valuations of derivative instruments are determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative, and therefore fall into Level 2 of the fair value hierarchy. The valuations reflect the contractual terms of the derivatives, including the period to maturity, and use observable market-based inputs, including forward curves. The fair values of interest rate hedging instruments also incorporate credit valuation adjustments to appropriately reflect both our own nonperformance risk and the respective counterparty's nonperformance risk. The table below presents our derivative financial instrument asset measured at fair value on a recurring basis as of December 31, 2016 , aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands): Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Balance at December 31, 2016 Derivative financial instrument asset $ — $ 10,476 $ — $ 10,476

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We elected to be treated as a REIT under the Code, beginning with the taxable year ended December 31, 2015. So long as we qualify as a REIT under the Code, we generally will not be subject to federal income tax. We test our compliance with the REIT requirements on a quarterly and annual basis. We also review our distributions and projected distributions each year to ensure we have met, and will continue to meet, the annual REIT distribution requirements. However, as a result of our structure, we may be subject to income or franchise taxes in certain states and municipalities. Subject to the REIT asset test requirements, we are permitted to own up to 100% of the stock of one or more TRSs. We have elected for one of our subsidiaries to be treated as a TRS, which is subject to corporate income taxes. Although the TRS is required to pay minimal federal income taxes for the year ended December 31, 2016 , the related federal income tax liability may increase in future periods. All entities other than our TRS are collectively referred to as the “REIT” within this Note 11. During the year ended December 31, 2016 , our tax treatment of distributions per common share was as follows: 2016 Tax treatment of distributions: Ordinary income $ 2.092733 Qualified ordinary income — Long-term capital gain — Unrecaptured Section 1250 gain 0.115752 Return of capital — Distribution reported for 1099-DIV purposes $ 2.208485 We believe we have met the annual REIT distribution requirement by payment of at least 90% of our estimated taxable income for 2016 . The provision for income taxes related to continuing operations consists of the following (in thousands): Years Ended December 31, 2016 2015 2014 Current: Federal $ (303 ) $ (91 ) $ — State (484 ) (213 ) — Total current (787 ) (304 ) — Deferred: Federal 347 114 — State (312 ) (748 ) — Total deferred 35 (634 ) — Total income tax (provision) $ (752 ) $ (938 ) $ — Our consolidated provision for income taxes for the years ended December 31, 2016 and 2015 was an expense of $0.8 million and $0.9 million , respectively. There was no benefit (provision) for income taxes related to continuing operations for the year ended December 31, 2014 . Below is a reconciliation between the provision for income taxes and the amount computed by applying the federal statutory income tax rate to the income or loss for continuing operations before income taxes (dollars in thousands): Years Ended December 31, 2016 2015 2014 Provision for income taxes at statutory rate $ (43,222 ) 35.00 % $ (49,528 ) 35.00 % $ — — % Tax at statutory rate on earnings not subject to federal income taxes 43,175 (34.96 ) 49,561 (35.02 ) — — Income for which no book expense was recognized — — — — — — Expense for which no federal tax benefit was recognized (11 ) 0.01 — — — — State tax (provision) benefit, net of federal (676 ) 0.55 (960 ) 0.68 — — Impact of rate change (59 ) 0.05 — — — — Prior year provision to return adjustments — — — — — — Other 41 (0.03 ) (11 ) 0.01 — — Total income tax (provision) $ (752 ) 0.62 % $ (938 ) 0.67 % $ — — % Deferred tax assets and liabilities are included within deferred costs and other assets and other liabilities in the consolidated balance sheets, respectively, and are mainly attributable to the activity of our TRS. The components of the deferred tax liability at December 31, 2016 were as follows (in thousands): Years Ended December 31, 2016 2015 Deferred income $ (97 ) $ (138 ) Basis difference on tangible property (1,019 ) (804 ) Basis difference on intangible property (736 ) (947 ) Total (1,852 ) (1,889 ) Valuation adjustment — — Total net deferred tax liability $ (1,852 ) $ (1,889 ) The REIT made minimal state income tax payments and no federal income tax payments for the year ended December 31, 2016 . For the tax years ended December 31, 2016 and 2015 , the net deferred tax liability was $1.9 million and $1.9 million , respectively. There were no deferred tax assets or liabilities at December 31, 2014 . For the year ended December 31, 2016 and 2015 , the net difference between tax basis and the reported amount of REIT assets and liabilities for federal income tax purposes was approximately $530 million and $607 million , respectively, less than the book basis of those assets and liabilities for financial reporting purposes. Generally, we are subject to audit under the statute of limitations by the Internal Revenue Service (“IRS”) for the year ended December 31, 2015 and subsequent years. As of December 31, 2016 and 2015 , we had no material uncertain tax positions which would require us to record a tax exposure liability.

Stock-based Compensation

Stock-based Compensation	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Stock-Based Compensation In August 2015, we adopted the Care Capital Properties, Inc. 2015 Incentive Plan (the “Plan”), pursuant to which options to purchase common stock, shares of restricted stock or restricted stock units (“RSUs”), performance shares and other equity awards may be granted to our employees, directors and consultants. A total of 7,000,000 shares of our common stock was reserved initially for issuance under the Plan. During the year ended December 31, 2015, we granted 190,471 shares of restricted stock to employees and directors under the Plan having a value of $6.5 million . During the year ended December 31, 2016 , we granted 134,416 shares of restricted stock, 496,859 options to purchase common stock and 41,626 performance-based RSUs to employees and directors under the Plan having a grant date fair value of $6.0 million . The value of shares of restricted stock granted is the closing price of our common stock on the date of grant. Restricted stock and option awards to employees generally vest in three equal annual installments beginning on the date of grant or on the first anniversary of the date of grant. Restricted stock awards to directors vest in full on the day immediately preceding our next annual meeting of stockholders. For shares with a graded vesting schedule that only require service, we recognize stock-based compensation expense on a straight-line basis over the requisite service period of the last separately vesting portion of the award. Prior to our separation from Ventas, certain of our employees participated in stock-based compensation plans administered by Ventas. In connection with the spin-off, outstanding Ventas equity awards held by our employees were converted into awards in respect of our common stock. As a result of the conversion mechanics, the fair value of the converted awards exceeded the fair value of the Ventas awards from which they were converted by $1.0 million , of which $0.5 million related to vested, unexercised options. For the year ended December 31, 2015, we recognized $1.4 million of expense associated with these converted awards, including the $0.5 million expense associated with vested, unexercised options recognized on August 17, 2015. The remaining $2.2 million of expense associated with the converted awards has been or will be amortized as stock-based compensation over the respective vesting terms of the converted awards. The fair value of the converted stock option awards was determined using the Black-Scholes option pricing model with the following assumptions: risk-free interest rate of 0.21% - 1.31% , dividend yield of 6.3% , volatility factors of the expected market price for our common stock of 25% - 27% , and a weighted average expected life of options of 0.4 years - 3.82 years . Restricted Stock The following table summarizes the nonvested restricted stock activity for the years ended December 31, 2016 and 2015: Number of Restricted Shares Weighted Average Grant Date Fair Value Nonvested at December 31, 2014 — $ — Converted from Ventas restricted stock 125,183 16.98 Granted 190,471 34.01 Nonvested at December 31, 2015 315,654 $ 27.26 Granted 134,416 29.13 Vested (106,177 ) 24.71 Forfeited (3,607 ) 32.32 Nonvested at December 31, 2016 340,286 $ 31.30 As of December 31, 2016, we had $4.7 million of total unrecognized compensation cost related to nonvested restricted stock. We expect to recognize that cost over a weighted average period of 1.5 years . As of December 31, 2015, we had $7.0 million of total unrecognized compensation cost related to nonvested restricted stock. We expect to recognize that cost over a weighted average period of 2.3 years . Performance-Based RSUs RSUs are market-based awards that vest and settle in shares of our common stock based on our total shareholder return (TSR) relative to the equally weighted TSRs of the individual constituents in the SNL US REIT Healthcare Index over a three-year performance period. Compensation expense for the performance-based RSU awards is determined using a Monte Carlo simulation model. The Monte Carlo simulation model used the following assumptions: 2016 Fair value of RSUs granted at target amount $ 20.17 Expected volatility 23.4 % Risk-free interest rate 0.85 % The following table summarizes the performance-based RSU activity for the year ended December 31, 2016 . There were no RSUs granted during 2015 : Performance-Based RSUs Weighted Average Grant Date Fair Value Nonvested at December 31, 2015 — $ — Granted 41,626 20.17 Nonvested at December 31, 2016 41.626 $ 20.17 As of December 31, 2016 , the estimated future compensation expense for all unvested performance-based RSUs was $.6 million . The weighted average period over which the future compensation expense will be recorded for the performance-based RSUs is approximately 2.21 years . Stock Options The following table summarizes the stock option activity for the years ended December 31, 2016 and 2015: Shares Weighted Average Exercise Price Outstanding as of December 31, 2014 — $ — Converted from Ventas options 1,047,501 32.01 Outstanding as of December 31, 2015 1,047,501 32.01 Granted 496,859 29.94 Exercised (1,023 ) 20.41 Outstanding as of December 31, 2016 1,543,337 $ 28.74 As of December 31, 2016, there were 988,177 exercisable stock options with a weighted average remaining contractual life of 6.9 years and a weighted average exercise price of $31.30 . The aggregate intrinsic value of the options exercisable was $0.01 million . During the year ended December 31, 2016, we received $0.02 million of proceeds from the exercise of stock options. As of December 31, 2016, we had $0.6 million of total unrecognized compensation cost related to nonvested stock options. We expect to recognize that cost over a weighted average period of 1.35 years . As of December 31, 2015, there were 646,158 exercisable stock options with a weighted average remaining contractual life of 7.3 years and an intrinsic value of $0.7 million . As of December 31, 2015, we had $0.7 million of total unrecognized compensation cost related to nonvested stock options. We expect to recognize that cost over a weighted average period of 1.45 years . The Black-Scholes option pricing model used the following assumptions: 2016 Fair value of options granted $2.55 - $2.52 Expected term (years) 5.5 - 6.0 years Expected volatility 25.0 % Risk-free interest rate 1.57% - 1.66% For the year ended December 31, 2016 and December 31, 2015, we recognized stock-based compensation expense of $6.9 million and $3.2 million respectively, which is included in general, administrative and professional fees. Employee Benefit Plan We maintain a 401(k) plan that allows eligible employees to defer compensation subject to certain limitations imposed by the Code. In 2016 , we made contributions for each qualifying employee of 100% of the first 1% and 50% of the next 1% to 5% of eligible compensation contributed, subject to certain limitations. During 2016 and 2015, our aggregate contributions were $0.1 million and less than $0.1 million , respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Certain Obligations, Liabilities and Litigation We are subject to various legal proceedings, claims and other actions arising in the ordinary course of our business, including in connection with acquisitions and dispositions, some of which may be indemnifiable by third parties. While any legal proceeding or claim has an element of uncertainty, management believes that the outcome of any such action or claim that is pending or threatened, or all of them combined, will not have a material adverse effect on our consolidated financial position or results of operations.

Concentration of Risk Concentra

Concentration of Risk Concentration of Risk	12 Months Ended
	Dec. 31, 2016
Risks and Uncertainties [Abstract]
Concentration of Risk	Concentration of Risk Our properties were located in 36 states as of December 31, 2016 , with properties in one state (Texas) accounting for more than 10% of our total revenues for the year then ended. As of December 31, 2016 , SCC and Avamere Group, LLC (together with its subsidiaries, “Avamere”) operated approximately 20.5% and 10.9% respectively, of our real estate investments based on gross book value. For the years ended December 31, 2016 , 2015 and 2014 , approximately 16.4% , 11.7% and 1.5% , respectively, of our total revenues were derived from our lease agreements with SCC, approximately 10.9% , 10.2% and 8.8% , respectively, of our total revenues were derived from our lease agreements with Avamere, and approximately 13.7% , 10.1% and 7.6% , respectively, of our total revenues were derived from our lease agreements with Signature. Each of our leases with SCC, Avamere and Signature is a triple-net lease that obligates the tenant to pay all property-related expenses, including maintenance, utilities, repairs, taxes, insurance and capital expenditures. Our leases with SCC and Signature have guaranty and/or cross-default provisions tied to other leases with the same tenant or its affiliates, and our lease with Avamere is a pooled, multi-facility master lease.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic and diluted earnings per share for the periods prior to our separation from Ventas were retroactively restated for the number of basic and diluted shares outstanding immediately following the separation. The following table shows the amounts used in computing our basic and diluted earnings per common share: For the Year Ended December 31, 2016 2015 2014 (In thousands, except per share amounts) Numerator for basic and diluted earnings per share: Net income attributable to CCP $ 122,743 $ 143,166 $ 157,595 Less: dividends on unvested restricted shares (736 ) (333 ) — Net income attributable to CCP excluding dividends on unvested restricted shares 122,007 142,833 157,595 Denominator: Denominator for basic earnings per share—weighted average shares 83,592 83,488 83,488 Effect of dilutive securities: Stock options 1 45 82 Restricted stock 96 74 88 Denominator for diluted earnings per share—adjusted weighted average shares 83,689 83,607 83,658 Basic earnings per share: Net income attributable to CCP excluding dividends on unvested restricted shares $ 1.46 $ 1.71 $ 1.89 Diluted earnings per share: Net income attributable to CCP excluding dividends on unvested restricted shares $ 1.46 $ 1.71 $ 1.88

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Equity Effective as of 11:59 p.m. on August 17, 2015, Ventas completed its spin-off of the CCP Business by distributing one share of our common stock for every four shares of Ventas common stock held as of the close of business on August 10, 2015. As a result, we began operating as an independent public company and our common stock commenced trading on the New York Stock Exchange under the symbol “CCP” as of August 18, 2015. On August 14, 2015, we completed the acquisition of a specialty healthcare and seniors housing valuation firm in exchange for the issuance of 339,602 shares of our common stock. Pursuant to the purchase agreement, we agreed to issue additional shares to the sellers to the extent the value of the common stock issued to the sellers based on the VWAP of the common stock over the 30 days immediately prior to the six -month anniversary of the closing of the acquisition was less than approximately $11.5 million . In February 2016, we issued 56,377 shares of our common stock, valued at $1.4 million , to the sellers as additional consideration in accordance with the terms of the purchase agreement. Dividends For 2016, our Board of Directors declared and we paid quarterly cash dividends on our common stock aggregating $2.28 per share, which is 100% of our 2016 estimated taxable income. Although our fourth quarter distribution was declared in December 2016, it was paid in January 2017 in accordance with the REIT annual distribution requirements. See “Certain U.S. Federal Income Tax Considerations” included in Part I, Item 1 of this Annual Report on Form 10-K.

Litigation

Litigation	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Litigation	Litigation We are involved from time to time in various legal proceedings that arise in the ordinary course of our business, including, but not limited to, commercial disputes, environmental matters, and litigation in connection with transactions including acquisitions and divestitures. We believe that such litigation, claims and administrative proceedings will not have a material adverse impact on our financial position or our results of operations. We record a liability when a loss is considered probable and the amount can be reasonably estimated. Our tenants and, in some cases, their affiliates may be required by the terms of their leases and other agreements with us to indemnify, defend and hold us harmless against certain actions, investigations and claims arising in the ordinary course of their business and related to the operations of our properties. In addition, third parties from whom we acquired certain of our assets and, in some cases, their affiliates may be required by the terms of the related conveyance documents to indemnify, defend and hold us harmless against certain actions, investigations and claims related to the acquired assets and arising prior to our ownership or related to excluded assets and liabilities. In some cases, a portion of the purchase price consideration is held in escrow for a specified period of time as collateral for these indemnification obligations.

Summarized Condensed Consolidat

Summarized Condensed Consolidating and Combining Information Summarized Condensed Consolidating and Combining Information	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Summarized Condensed Consolidating and Combining Information	Summarized Condensed Consolidating and Combining Information CCP and Care Capital GP fully and unconditionally guaranteed the obligation to pay principal and interest with respect to Care Capital LP’s outstanding Notes due 2026. CCP, as limited partner, owns a 99% interest in Care Capital LP, and Care Capital GP, as general partner, owns a 1% interest in Care Capital LP. CCP is the sole member of Care Capital GP and, as a result, Care Capital LP is indirectly 100% owned by CCP. CCP consolidates Care Capital GP and Care Capital LP and Care Capital LP’s consolidated subsidiaries for financial reporting purposes and has no direct subsidiaries other than Care Capital GP and Care Capital LP. CCP’s assets and liabilities consist entirely of its investments in the General Partner and Care Capital LP, and CCP’s operations are conducted entirely through Care Capital LP. Therefore, the assets and liabilities of CCP and Care Capital LP are the same on their respective financial statements.

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) Summarized unaudited combined consolidated quarterly information for the years ended December 31, 2016 , 2015 and 2014 is provided below. For the Year Ended December 31, 2016 First Quarter Second Quarter Third Quarter Fourth Quarter (In thousands, except per share amounts) Revenues $ 84,543 $ 85,662 $ 87,291 $ 90,408 Net income attributable to CCP $ 29,766 $ 37,151 $ 19,010 $ 36,816 Earnings per share: Basic: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.35 $ 0.44 $ 0.23 $ 0.44 Diluted: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.35 $ 0.44 $ 0.23 $ 0.44 Dividends declared per share $ 0.57 $ 0.57 $ 0.57 $ 0.57 For the Year Ended December 31, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter (In thousands, except per share amounts) Revenues $ 78,573 $ 79,720 $ 82,317 $ 87,331 Net income attributable to CCP $ 37,221 $ 37,983 $ 36,151 $ 31,811 Earnings per share: Basic: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.45 $ 0.45 $ 0.43 $ 0.38 Diluted: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.44 $ 0.45 $ 0.43 $ 0.38 Dividends declared per share N/A N/A $ 0.57 $ 0.57 For the Year Ended December 31, 2014 First Quarter Second Quarter Third Quarter Fourth Quarter (In thousands, except per share amounts) Revenues $ 75,249 $ 75,866 $ 73,278 $ 70,971 Net income attributable to CCP $ 41,365 $ 45,607 $ 33,202 $ 37,421 Earnings per share: Basic: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.50 $ 0.55 $ 0.40 $ 0.45 Diluted: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.49 $ 0.55 $ 0.40 $ 0.45 Dividends declared per share N/A N/A N/A N/A

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events In February 2017, we transitioned eleven SNFs whose lease term had expired to a new operator. On February 28, 2017, we sold two SNFs for aggregate proceeds of $27.4 million .

SCHEDULE II_ VALUATION AND QUAL

SCHEDULE II: VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Dec. 31, 2016
Valuation and Qualifying Accounts [Abstract]
Schedule II: Valuation and Qualifying Accounts	SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS December 31, 2016 (In Thousands) Allowance Accounts Additions Deductions Year Ended December 31, Balance at Beginning of Year Charged to Earnings Uncollectible Accounts Written-off Disposed and Held for Sale Properties Balance at End of Year 2016 Allowance for doubtful accounts $ (4,678 ) $ (492 ) $ 1,296 $ 220 $ (3,654 ) Straight-line rent receivable allowance (87,402 ) (19,101 ) — 9,453 (97,050 ) $ (92,080 ) $ (19,593 ) $ 1,296 $ 9,673 $ (100,704 ) 2015 Allowance for doubtful accounts $ (3,147 ) $ (4,691 ) $ 2,538 $ 622 $ (4,678 ) Straight-line rent receivable allowance (58,001 ) (25,828 ) — (3,573 ) (87,402 ) $ (61,148 ) $ (30,519 ) $ 2,538 $ (2,951 ) $ (92,080 ) 2014 Allowance for doubtful accounts $ (1,467 ) $ (3,004 ) $ 1,167 $ 157 $ (3,147 ) Straight-line rent receivable allowance (37,807 ) (21,299 ) — 1,105 (58,001 ) $ (39,274 ) $ (24,303 ) $ 1,167 $ 1,262 $ (61,148 )

SCHEDULE III REAL ESTATE AND AC

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	For the Years Ended December 31, 2016 2015 2014 Reconciliation of real estate: Carrying cost: Balance at beginning of period $ 3,305,096 $ 2,706,625 $ 2,692,498 Additions during period: Acquisitions 33,880 553,981 13,194 Capital expenditures 41,037 38,592 16,426 Other — 59,688 — Deletions during period: Sales and/or transfers to assets held for sale and impairments (286,891 ) (53,790 ) (15,493 ) Balance at end of period $ 3,093,122 $ 3,305,096 $ 2,706,625 Accumulated depreciation: Balance at beginning of period $ 659,088 $ 567,353 $ 483,017 Additions during period: Depreciation expense 102,921 128,138 95,058 Deletions during period: Sales and/or transfers to assets held for sale (102,762 ) (30,692 ) (10,722 ) Other — (5,711 ) — Balance at end of period $ 659,247 $ 659,088 $ 567,353 Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed SKILLED NURSING FACILITIES Signature HealthCARE of Whitesburg Gardens Huntsville Alabama $ — $ 534 $ 4,216 $ 392 $ 534 $ 4,608 $ 5,142 $ 4,386 $ 756 1968 1991 25 years Azalea Gardens of Mobile Mobile Alabama — 5 2,981 319 8 3,297 3,305 2,731 574 1967 1992 29 years Phoenix Nursing & Rehab Phoenix Arizona — — — 7,581 1,040 6,541 7,581 471 7,110 2008 2015 35 years Kachina Point Health Care and Rehabilitation Center Sedona Arizona — 364 4,179 197 364 4,376 4,740 3,495 1,245 1983 1984 45 years Villa Campana Health Care Center Tucson Arizona — 533 2,201 395 533 2,596 3,129 1,855 1,274 1983 1993 35 years Heartland Benton Arkansas — 650 13,540 647 650 14,187 14,837 2,598 12,239 1992 2011 35 years Southern Trace Bryant Arkansas — 480 12,455 — 480 12,455 12,935 2,268 10,667 1989 2011 35 years Lake Village Lake Village Arkansas — 560 8,594 23 560 8,617 9,177 1,659 7,518 1998 2011 35 years Belle View Monticello Arkansas — 260 9,542 267 260 9,809 10,069 1,775 8,294 1995 2011 35 years River Chase Morrilton Arkansas — 240 9,476 — 240 9,476 9,716 1,724 7,992 1988 2011 35 years Brookridge Cove Morrilton Arkansas — 410 11,069 4 410 11,073 11,483 2,050 9,433 1996 2011 35 years River Ridge Wynne Arkansas — 290 10,763 1 290 10,764 11,054 1,941 9,113 1990 2011 35 years Bay View Nursing and Rehabilitation Center Alameda California — 1,462 5,981 282 1,462 6,263 7,725 5,360 2,365 1967 1993 45 years Chowchilla Convalescent Center Chowchilla California — 1,780 5,097 — 1,780 5,097 6,877 980 5,897 1965 2011 35 years Driftwood Gilroy Gilroy California — 3,330 13,665 — 3,330 13,665 16,995 2,541 14,454 1968 2011 35 years LaMesa Nursing & Rehab LaMesa California — — — 4,027 1,374 2,653 4,027 255 3,772 2012 2015 35 years Orange Hills Convalescent Hospital Orange California — 960 20,968 — 960 20,968 21,928 3,686 18,242 1987 2011 35 years Tustin Subacute Care Facility Santa Ana California — — — 6,801 1,912 4,889 6,801 342 6,459 2000 2015 35 years Brighton Care Center Brighton Colorado — 282 3,377 468 282 3,845 4,127 3,127 1,000 1969 1992 30 years Malley Healthcare and Rehabilitation Center Northglenn Colorado — 501 8,294 3,189 501 11,483 11,984 6,803 5,181 1971 1993 29 years Parkway Pavilion Healthcare Enfield Connecticut — 337 3,607 889 344 4,489 4,833 3,425 1,408 1968 1994 28 years The Crossings West Campus New London Connecticut — 202 2,363 899 202 3,262 3,464 2,126 1,338 1969 1994 28 years The Crossings East Campus New London Connecticut — 401 2,776 1,060 410 3,827 4,237 2,710 1,527 1968 1992 29 years Beverly Health - Ft. Pierce Fort Pierce Florida — 840 16,318 — 840 16,318 17,158 3,004 14,154 1960 2011 35 years Signature HealthCARE at Tower Road Marietta Georgia — 241 2,782 1,666 274 4,415 4,689 2,678 2,011 1968 1993 28.5 years Signature HealthCARE of Savannah Savannah Georgia — 213 2,772 1,388 231 4,142 4,373 2,615 1,758 1968 1993 28.5 years Abercorn Rehabilitation Center Savannah Georgia — 157 2,219 307 191 2,492 2,683 2,293 390 1972 1991 26 years Boise Health and Rehabilitation Center Boise Idaho — 256 3,593 281 256 3,874 4,130 1,933 2,197 1977 1998 45 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Meadowbrook Anderson Indiana — 1,600 6,710 — 1,600 6,710 8,310 1,334 6,976 1967 2011 35 years Chalet Village Berne Indiana — 590 1,654 — 590 1,654 2,244 484 1,760 1986 2011 35 years Signature HealthCARE of Bluffton Bluffton Indiana — 7 787 914 37 1,671 1,708 950 758 1962 1995 22 years Signature HealthCARE of Bremen Bremen Indiana — 109 3,354 986 171 4,278 4,449 2,641 1,808 1982 1996 45 years Vermillion Convalescent Center Clinton Indiana — 700 11,057 — 700 11,057 11,757 2,056 9,701 1971 2011 35 years Willow Crossing Health & Rehab Center Columbus Indiana — 880 4,963 — 880 4,963 5,843 1,037 4,806 1988 2011 35 years Greenhill Manor Fowler Indiana — 380 7,659 — 380 7,659 8,039 1,391 6,648 1973 2011 35 years Twin City Healthcare Gas City Indiana — 350 3,012 — 350 3,012 3,362 661 2,701 1974 2011 35 years Hanover Nursing Center Hanover Indiana — 1,070 3,903 — 1,070 3,903 4,973 974 3,999 1975 2011 35 years Bridgewater Center for Health & Rehab Hartford City Indiana — 470 1,855 — 470 1,855 2,325 510 1,815 1988 2011 35 years Oakbrook Village Huntington Indiana — 600 1,950 — 600 1,950 2,550 463 2,087 1987 2011 35 years Lakeview Manor Indianapolis Indiana — 2,780 7,927 — 2,780 7,927 10,707 1,727 8,980 1968 2011 35 years Wintersong Village Knox Indiana — 420 2,019 — 420 2,019 2,439 446 1,993 1984 2011 35 years Woodland Hills Care Center Lawrenceburg Indiana — 340 3,757 — 340 3,757 4,097 873 3,224 1966 2011 35 years Signature HealthCARE at Parkwood Lebanon Indiana — 121 4,512 1,338 150 5,821 5,971 4,757 1,214 1977 1993 25 years Whispering Pines Monticello Indiana — 460 8,461 — 460 8,461 8,921 1,553 7,368 1988 2011 35 years Signature HealthCARE of Muncie Muncie Indiana — 108 4,202 1,263 170 5,403 5,573 4,498 1,075 1980 1993 25 years Willow Bend Living Center Muncie Indiana — 1,080 4,026 — 1,080 4,026 5,106 809 4,297 1976 2011 35 years Liberty Village Muncie Indiana — 1,520 7,542 — 1,520 7,542 9,062 1,437 7,625 2001 2011 35 years Petersburg Health Care Center Petersburg Indiana — 310 8,443 — 310 8,443 8,753 1,584 7,169 1970 2011 35 years Persimmon Ridge Center Portland Indiana — 400 9,597 — 400 9,597 9,997 1,799 8,198 1964 2011 35 years Oakridge Convalescent Center Richmond Indiana — 640 11,128 — 640 11,128 11,768 2,098 9,670 1975 2011 35 years Signature HealthCARE of Terre Haute Terre Haute Indiana — 418 5,779 1,266 473 6,990 7,463 3,504 3,959 1995 1995 45 years Westridge Healthcare Center Terre Haute Indiana — 690 5,384 — 690 5,384 6,074 1,044 5,030 1965 2011 35 years Washington Nursing Center Washington Indiana — 220 10,054 — 220 10,054 10,274 1,913 8,361 1968 2011 35 years Pine Knoll Rehabilitation Center Winchester Indiana — 730 6,039 — 730 6,039 6,769 1,119 5,650 1986 2011 35 years Belleville Health Care Center Belleville Kansas — 590 4,170 — 590 4,170 4,760 857 3,903 1977 2011 35 years Smoky Hill Rehab Center Salina Kansas — 360 3,705 181 376 3,870 4,246 896 3,350 1981 2011 35 years Tanglewood Topeka Kansas — 250 3,735 381 250 4,116 4,366 823 3,543 1973 2011 35 years Signature HealthCARE at Jackson Manor Rehab & Wellness Center Annville Kentucky — 131 4,442 — 131 4,442 4,573 1,290 3,283 1989 2006 35 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Signature HealthCARE at Colonial Rehab & Wellness Center Bardstown Kentucky — 38 2,829 — 38 2,829 2,867 822 2,045 1968 2006 35 years Signature HealthCARE of Bowling Green Bowling Green Kentucky — 248 5,371 1,589 286 6,922 7,208 5,132 2,076 1970 1990 30 years Riverside Care and Rehabilitation Center Calhoun Kentucky — 103 2,119 535 103 2,654 2,757 2,043 714 1963 1990 30 years Oakview Nursing and Rehabilitation Center Calvert City Kentucky — 124 2,882 1,217 124 4,099 4,223 2,966 1,257 1967 1990 30 years Signature HealthCARE of Carrollton Rehab & Wellness Center Carrollton Kentucky — 29 2,325 — 29 2,325 2,354 675 1,679 1978 2006 35 years Signature HealthCARE at Summit Manor Rehab & Wellness Center Columbia Kentucky — 38 12,510 — 38 12,510 12,548 3,634 8,914 1965 2006 35 years Danville Centre for Health and Rehabilitation Danville Kentucky — 322 3,538 1,908 338 5,430 5,768 3,109 2,659 1962 1995 30 years Signature HealthCARE of Elizabethtown Elizabethtown Kentucky — 216 1,795 395 216 2,190 2,406 2,055 351 1969 1982 26 years Signature HealthCARE of Glasgow Rehab & Wellness Center Glasgow Kentucky — 21 2,997 — 21 2,997 3,018 871 2,147 1968 2006 35 years Harrodsburg Health & Rehabilitation Center Harrodsburg Kentucky — 137 1,830 1,603 208 3,362 3,570 2,053 1,517 1974 1985 35 years Signature HealthCARE of Hartford Rehab & Wellness Center Hartford Kentucky — 22 7,905 — 22 7,905 7,927 2,296 5,631 1967 2006 35 years Signature HealthCARE of Hart County Rehab & Wellness Center Horse Cave Kentucky — 68 6,059 — 68 6,059 6,127 1,760 4,367 1993 2006 35 years Signature HealthCARE at Heritage Hall Rehab & Wellness Center Lawrenceburg Kentucky — 38 3,920 — 38 3,920 3,958 1,139 2,819 1973 2006 35 years Signature HealthCARE at Tanbark Rehab & Welllness Center Lexington Kentucky — 868 6,061 — 868 6,061 6,929 1,760 5,169 1989 2006 35 years Signature HealthCARE at Jefferson Manor Rehab & Wellness Center Louisville Kentucky — 2,169 4,075 — 2,169 4,075 6,244 1,184 5,060 1982 2006 35 years Signature HealthCARE at Jefferson Place Rehab & Wellness Center Louisville Kentucky — 1,307 9,175 — 1,307 9,175 10,482 2,665 7,817 1991 2006 35 years Signature HealthCARE at Rockford Rehab & Wellness Center Louisville Kentucky — 364 9,568 — 364 9,568 9,932 2,779 7,153 1975 2006 35 years Signature HealthCARE at Summerfield Rehab & Wellness Center Louisville Kentucky — 1,089 10,756 — 1,089 10,756 11,845 3,124 8,721 1979 2006 35 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Signature HealthCARE at Hillcrest Owensboro Kentucky — 544 2,619 1,267 565 3,865 4,430 3,081 1,349 1963 1982 22 years Signature HealthCARE of McCreary County Rehab & Wellness Center Pine Knot Kentucky — 73 2,443 — 73 2,443 2,516 709 1,807 1990 2006 35 years Signature HealthCARE at North Hardin Rehab & Wellness Center Radcliff Kentucky — 218 11,944 — 218 11,944 12,162 3,469 8,693 1986 2006 35 years Signature HealthCARE of Monroe County Rehab & Wellness Center Tompkinsville Kentucky — 32 8,756 — 32 8,756 8,788 2,544 6,244 1969 2006 35 years Fountain Circle Care and Rehabilitation Center Winchester Kentucky — 137 6,120 1,518 181 7,594 7,775 5,950 1,825 1967 1990 30 years Pilgrim Manor Bossier City Louisiana — — — 28,594 990 27,604 28,594 1,515 27,079 1973 2015 35 years The Bradford Shreveport Louisiana — — — 24,511 1,792 22,719 24,511 1,337 23,174 1980 2015 35 years The Guest House Shreveport Louisiana — — — 22,760 1,421 21,339 22,760 1,348 21,412 1964 2015 35 years Alpine Ruston Louisiana — — — 28,418 1,400 27,018 28,418 1,658 26,760 1969 2015 35 years Colonial Oaks Bossier City Louisiana — — — 22,177 654 21,523 22,177 1,184 20,993 2001 2015 35 years Shreveport Manor Shreveport Louisiana — — — 14,398 516 13,882 14,398 904 13,494 1969 2015 35 years Booker T. Washington Shreveport Louisiana — — — 10,022 1,133 8,889 10,022 626 9,396 2001 2015 35 years Augusta Rehabilitation Center Augusta Maine — 152 1,074 146 152 1,220 1,372 1,203 169 1968 1985 30 years Eastside Rehabilitation and Living Center Bangor Maine — 316 1,349 134 316 1,483 1,799 1,470 329 1967 1985 30 years Westgate Manor Bangor Maine — 287 2,718 151 287 2,869 3,156 2,836 320 1969 1985 31 years Winship Green Nursing Center Bath Maine — 110 1,455 128 110 1,583 1,693 1,446 247 1974 1985 35 years Brewer Rehabilitation and Living Center Brewer Maine — 228 2,737 304 228 3,041 3,269 2,688 581 1974 1985 33 years Kennebunk Nursing and Rehabilitation Center Kennebunk Maine — 99 1,898 161 99 2,059 2,158 1,767 391 1977 1985 35 years Norway Rehabilitation & Living Center Norway Maine — 133 1,658 118 133 1,776 1,909 1,503 406 1972 1985 39 years Brentwood Rehabilitation and Nursing Center Yarmouth Maine — 181 2,789 146 181 2,935 3,116 2,487 629 1945 1985 45 years Cumberland Villa Nursing Center Cumberland Maryland — 660 23,970 — 660 23,970 24,630 4,158 20,472 1968 2011 35 years Colton Villa Hagerstown Maryland — 1,550 16,973 — 1,550 16,973 18,523 3,120 15,403 1971 2011 35 years Westminster Nursing & Convalescent Center Westminster Maryland — 2,160 15,931 — 2,160 15,931 18,091 2,921 15,170 1973 2011 35 years Quincy Rehabilitation and Nursing Center Quincy Massachusetts — 216 2,911 204 216 3,115 3,331 2,986 345 1965 1984 24 years Den-Mar Rehabilitation and Nursing Center Rockport Massachusetts — 23 1,560 187 23 1,747 1,770 1,676 94 1963 1985 30 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Walden Rehabilitation and Nursing Center Concord Massachusetts — 181 1,347 178 181 1,525 1,706 1,478 228 1969 1968 40 years Colony House Nursing and Rehabilitation Center Abington Massachusetts — 132 999 194 132 1,193 1,325 1,239 86 1965 1969 40 years Wingate at Andover Andover Massachusetts — 1,450 14,798 — 1,450 14,798 16,248 2,799 13,449 1992 2011 35 years Blueberry Hill Skilled Nursing & Rehabilitation Center Beverly Massachusetts — 129 4,290 1,311 129 5,601 5,730 3,971 1,759 1965 1968 40 years Sachem Skilled Nursing & Rehabilitation Center East Bridgewater Massachusetts — 529 1,238 232 529 1,470 1,999 1,769 230 1968 1982 27 years Chestnut Hill Rehab & Nursing East Longmeadow Massachusetts — 3,050 5,392 — 3,050 5,392 8,442 1,233 7,209 1985 2011 35 years River Terrace Healthcare Lancaster Massachusetts — 268 957 212 268 1,169 1,437 1,215 222 1969 1969 40 years Wingate at Belvidere (Lowell) Lowell Massachusetts — 820 11,220 — 820 11,220 12,040 2,095 9,945 1966 2011 35 years The Reservoir Center for Health & Rehabilitation Marlborough Massachusetts — 222 2,431 300 222 2,731 2,953 2,456 497 1973 1984 34.5 years The Eliot Healthcare Center Natick Massachusetts — 249 1,328 500 249 1,828 2,077 1,553 524 1996 1982 31 years Country Rehabilitation and Nursing Center Newburyport Massachusetts — 199 3,004 378 199 3,382 3,581 3,253 328 1968 1982 27 years Wingate at Reading Reading Massachusetts — 920 7,499 — 920 7,499 8,419 1,566 6,853 1988 2011 35 years Ring East Springfield Massachusetts — 1,250 13,561 — 1,250 13,561 14,811 2,637 12,174 1987 2011 35 years Wingate at Sudbury Sudbury Massachusetts — 1,540 8,100 — 1,540 8,100 9,640 1,785 7,855 1997 2011 35 years Newton and Wellesley Alzheimer Center Wellesley Massachusetts — 297 3,250 277 297 3,527 3,824 3,143 681 1971 1984 30 years Riverdale Gardens Rehab & Nursing West Springfield Massachusetts — 2,140 6,997 107 2,140 7,104 9,244 1,837 7,407 1960 2011 35 years Wingate at Worcester Worcester Massachusetts — 620 10,958 — 620 10,958 11,578 2,256 9,322 1970 2011 35 years Autumn Woods Residential Health Care Facility Warren Michigan — 1,495 26,015 — 745 26,765 27,510 4,420 23,090 2012 2012 35 years GOLDEN LIVINGCENTER - HOPKINS Hopkins Minnesota — 4,470 21,409 — 4,470 21,409 25,879 3,802 22,077 1961 2011 35 years Andrew Care Home Minneapolis Minnesota — 3,280 5,083 477 3,295 5,545 8,840 1,665 7,175 1941 2011 35 years GOLDEN LIVINGCENTER - ROCHESTER EAST Rochester Minnesota — 639 3,497 — 639 3,497 4,136 3,564 572 1967 1982 28 years Ashland Healthcare Ashland Missouri — 770 4,400 — 770 4,400 5,170 856 4,314 1993 2011 35 years South Hampton Place Columbia Missouri — 710 11,279 — 710 11,279 11,989 2,049 9,940 1994 2011 35 years Dixon Nursing & Rehab Dixon Missouri — 570 3,342 — 570 3,342 3,912 690 3,222 1989 2011 35 years Current River Nursing Doniphan Missouri — 450 7,703 — 450 7,703 8,153 1,529 6,624 1991 2011 35 years Forsyth Care Center Forsyth Missouri — 710 6,731 — 710 6,731 7,441 1,388 6,053 1993 2011 35 years Garden Valley Nursing and Rehabilitation - Kansas City MO Kansas City Missouri — — — 8,600 1,040 7,560 8,600 1,058 7,542 1983 2015 35 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Maple Wood Community and Rehab Center - Kansas City MO Kansas City Missouri — — — 4,310 720 3,590 4,310 836 3,474 1983 2015 35 years Maryville Health Care Center Maryville Missouri — 630 5,825 — 630 5,825 6,455 1,214 5,241 1972 2011 35 years Glenwood Healthcare Seymour Missouri — 670 3,737 — 670 3,737 4,407 752 3,655 1990 2011 35 years Silex Community Care Silex Missouri — 730 2,689 — 730 2,689 3,419 593 2,826 1991 2011 35 years Sunset Hills Health and Rehabilitation Center St. Louis Missouri — 1,560 10,582 1,219 1,638 11,723 13,361 2,263 11,098 1954 2011 35 years Bellefontaine Gardens St. Louis Missouri — 1,610 4,314 — 1,610 4,314 5,924 968 4,956 1988 2011 35 years Strafford Care Center Strafford Missouri — 1,670 8,251 — 1,670 8,251 9,921 1,520 8,401 1995 2011 35 years Windsor Healthcare Windsor Missouri — 510 3,345 — 510 3,345 3,855 691 3,164 1996 2011 35 years Las Vegas Healthcare and Rehabilitation Center Las Vegas Nevada — 454 1,018 187 454 1,205 1,659 879 780 1940 1992 30 years Torrey Pines Care Center Las Vegas Nevada — 256 1,324 270 256 1,594 1,850 1,387 463 1971 1992 29 years Hearthstone of Northern Nevada Sparks Nevada — 1,400 9,365 — 1,400 9,365 10,765 1,866 8,899 1988 2011 35 years Dover Rehabilitation and Living Center Dover New Hampshire — 355 3,797 2,132 355 5,929 6,284 4,005 2,279 1969 1990 25 years Wingate at St. Francis Beacon New York — 1,900 18,115 — 1,900 18,115 20,015 3,376 16,639 2002 2011 35 years Garden Gate Cheektowaga New York — 760 15,643 30 760 15,673 16,433 2,990 13,443 1979 2011 35 years Brookhaven East Patchogue New York — 1,100 25,840 30 1,100 25,870 26,970 4,514 22,456 1988 2011 35 years Wingate at Dutchess Fishkill New York — 1,300 19,685 — 1,300 19,685 20,985 3,634 17,351 1996 2011 35 years Autumn View Hamburg New York — 1,190 24,687 34 1,190 24,721 25,911 4,504 21,407 1983 2011 35 years Wingate at Ulster Highland New York — 1,500 18,223 — 1,500 18,223 19,723 3,243 16,480 1998 2011 35 years North Gate North Tonawanda New York — 1,010 14,801 40 1,010 14,841 15,851 2,892 12,959 1982 2011 35 years Seneca West Seneca New York — 1,400 13,491 5 1,400 13,496 14,896 2,559 12,337 1974 2011 35 years Harris Hill Williamsville New York — 1,240 33,574 33 1,240 33,607 34,847 5,837 29,010 1992 2011 35 years Signature HealthCARE of Chapel Hill Chapel Hill North Carolina — 347 3,029 1,455 472 4,359 4,831 2,835 1,996 1984 1993 28 years Pettigrew Rehabilitation and Healthcare Center Durham North Carolina — 101 2,889 251 129 3,112 3,241 2,621 620 1969 1993 28 years Gastonia Care and Rehabilitation Gastonia North Carolina — 158 2,359 1,626 195 3,948 4,143 2,386 1,757 1968 1992 29 years Lakewood Manor Hendersonville North Carolina — 1,610 7,759 — 1,610 7,759 9,369 1,595 7,774 1979 2011 35 years Signature HealthCARE of Kinston Kinston North Carolina — 186 3,038 1,409 212 4,421 4,633 2,770 1,863 1961 1993 29 years Lincolnton Rehabilitation Center Lincolnton North Carolina — 39 3,309 197 39 3,506 3,545 3,010 535 1976 1986 35 years Rehabilitation and Nursing Center of Monroe Monroe North Carolina — 185 2,654 380 190 3,029 3,219 2,496 723 1963 1993 28 years Sunnybrook Healthcare and Rehabilitation Specialists Raleigh North Carolina — 187 3,409 372 191 3,777 3,968 3,613 355 1971 1991 25 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Raleigh Rehabilitation & Healthcare Center Raleigh North Carolina — 316 5,470 601 336 6,051 6,387 5,797 590 1969 1991 25 years Signature HealthCARE of Roanoke Rapids Roanoke Rapids North Carolina — 339 4,132 1,788 488 5,771 6,259 4,467 1,792 1967 1991 25 years Guardian Care of Rocky Mount Rocky Mount North Carolina — 240 1,732 316 240 2,048 2,288 1,788 500 1975 1997 25 years Cypress Pointe Rehabilitation and Health Care Centre Wilmington North Carolina — 233 3,710 280 243 3,980 4,223 3,326 897 1966 1993 28.5 years Silas Creek Manor Winston-Salem North Carolina — 211 1,893 415 211 2,308 2,519 1,800 719 1966 1993 28.5 years Guardian Care of Zebulon Zebulon North Carolina — 179 1,933 181 201 2,092 2,293 1,689 604 1973 1993 29 years Signature HealthCARE of Chilicothe Chillicothe Ohio — 128 3,481 1,683 256 5,036 5,292 3,647 1,645 1976 1985 34 years Burlington House Cincinnati Ohio — 918 5,087 4,309 974 9,340 10,314 2,321 7,993 1989 2004 35 years Signature HealthCARE of Coshocton Coshocton Ohio — 203 1,979 1,787 257 3,712 3,969 2,149 1,820 1974 1993 25 years Signature HealthCARE of Galion Galion Ohio — 540 6,324 (1,223 ) 573 5,068 5,641 1,046 4,595 1967 2011 35 years Signature HealthCARE of Fayette County Washington Court House Ohio — 490 13,460 (585 ) 749 12,616 13,365 2,280 11,085 1984 2011 35 years Signature HealthCARE of Warren Warren Ohio — 1,100 8,196 (1,519 ) 1,119 6,658 7,777 4,954 2,823 1967 2011 35 years Avamere Rehab of Coos Bay Coos Bay Oregon — 1,920 3,394 — 1,920 3,394 5,314 715 4,599 1968 2011 35 years Avamere Riverpark of Eugene Eugene Oregon — 1,960 17,622 1,776 1,960 19,398 21,358 3,132 18,226 1988 2011 35 years Avamere Rehab of Eugene Eugene Oregon — 1,080 7,257 1,455 1,080 8,712 9,792 1,400 8,392 1966 2011 35 years Avamere Rehab of Clackamas Gladstone Oregon — 820 3,844 — 820 3,844 4,664 783 3,881 1961 2011 35 years Avamere Rehab of Hillsboro Hillsboro Oregon — 1,390 8,628 — 1,390 8,628 10,018 1,635 8,383 1973 2011 35 years Avamere Rehab of Junction City Junction City Oregon — 590 5,583 382 590 5,965 6,555 1,042 5,513 1966 2011 35 years Avamere Rehab of King City King City Oregon — 1,290 10,646 — 1,290 10,646 11,936 1,941 9,995 1975 2011 35 years Avamere Rehab of Lebanon Lebanon Oregon — 980 12,954 — 980 12,954 13,934 2,290 11,644 1974 2011 35 years Medford Rehabilitation and Healthcare Center Medford Oregon — 362 4,610 2,074 362 6,684 7,046 4,076 2,970 1961 1991 34 years Avamere Rehab at Newport Newport Oregon — 380 3,420 813 380 4,233 4,613 903 3,710 1997 2011 35 years Mountain View Oregon City Oregon — 1,056 6,831 — 1,056 6,831 7,887 1,009 6,878 1977 2012 35 years Avamere Crestview of Portland Portland Oregon — 1,610 13,942 2,626 1,610 16,568 18,178 2,509 15,669 1964 2011 35 years Sunnyside Care Center Salem Oregon — 1,512 2,249 442 1,512 2,691 4,203 1,852 2,351 1981 1991 30 years Avamere Twin Oaks of Sweet Home Sweet Home Oregon — 290 4,536 — 290 4,536 4,826 838 3,988 1972 2011 35 years Signature HealthCARE of Bloomsburg Rehab & Wellness Center Bloomsburg Pennsylvania — 621 1,371 — 621 1,371 1,992 398 1,594 1997 2006 35 years Mountain View Nursing Home Greensburg Pennsylvania — 580 12,817 1,900 580 14,717 15,297 2,603 12,694 1971 2011 35 years Epic- Bayview Beaufort South Carolina — 890 14,311 5 890 14,316 15,206 2,743 12,463 1970 2011 35 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Dundee Nursing Home Bennettsville South Carolina — 320 8,693 — 320 8,693 9,013 1,663 7,350 1958 2011 35 years Epic-Conway Conway South Carolina — 1,090 16,880 — 1,090 16,880 17,970 3,162 14,808 1975 2011 35 years Mt. Pleasant Nursing Center Mount Pleasant South Carolina — 1,810 9,079 — 1,810 9,079 10,889 1,787 9,102 1977 2011 35 years Firesteel Mitchell South Dakota — 690 15,360 6,578 690 21,938 22,628 2,830 19,798 1966 2011 35 years Fountain Springs Healthcare Center Rapid City South Dakota — 940 28,647 2,037 940 30,684 31,624 4,811 26,813 1989 2011 35 years Palisade Healthcare Community Garretson South Dakota — 150 3,750 — 150 3,750 3,900 — 3,900 1971 2016 35 years Riverview Healthcare Community & Independent Living Flandreau South Dakota — 190 5,035 — 190 5,035 5,225 — 5,225 1965 2016 35 years Wheatcrest Hills Healthcare Community Britton South Dakota — 600 2,025 — 600 2,025 2,625 — 2,625 1969 2016 35 years Signature HealthCARE of Putnam County Algood Tennessee — 524 4,370 1,163 537 5,520 6,057 3,911 2,146 1981 1987 38 years Tri-State Comp Care Center Harrogate Tennessee — 1,520 11,515 — 1,520 11,515 13,035 2,114 10,921 1990 2011 35 years Signature HealthCARE of Madison Madison Tennessee — 168 1,445 1,242 176 2,679 2,855 1,479 1,376 1968 1992 29 years Signature HealthCARE of Primacy Memphis Tennessee — 1,222 8,344 1,620 1,253 9,933 11,186 6,680 4,506 1980 1990 37 years Brodie Ranch Rehab & Healthcare Center Austin Texas — — — 11,122 570 10,552 11,122 676 10,446 2010 2015 35 years Riverside Rehabilitation & Healthcare Center Austin Texas — — — 7,331 764 6,567 7,331 424 6,907 2010 2015 35 years West Oaks Rehabilitation and Healthcare Center - Austin Austin Texas — — — 13,821 891 12,930 13,821 830 12,991 2006 2015 35 years Bandera Rehabilitation and Healthcare Center Bandera Texas — — — 6,118 742 5,376 6,118 348 5,770 2009 2015 35 years Green Acres - Baytown Baytown Texas — 490 9,104 — 490 9,104 9,594 1,660 7,934 1970 2011 35 years Allenbrook Healthcare Baytown Texas — 470 11,304 — 470 11,304 11,774 2,084 9,690 1975 2011 35 years Rehabilitation and Healthcare Center at Baytown Baytown Texas — — — 23,773 787 22,986 23,773 1,468 22,305 2000 2015 35 years Cedar Bayou Rehabilitation and Healthcare Center Baytown Texas — — — 29,993 1,035 28,958 29,993 1,849 28,144 2008 2015 35 years Summer Place Nursing and Rehab Beaumont Texas — 1,160 15,934 — 1,160 15,934 17,094 2,909 14,185 2009 2011 35 years Green Acres - Center Center Texas — 200 5,446 — 200 5,446 5,646 1,099 4,547 1972 2011 35 years Regency Nursing Home Clarksville Texas — 380 8,711 — 380 8,711 9,091 1,688 7,403 1989 2011 35 years Park Manor - Conroe Conroe Texas — 1,310 22,318 — 1,310 22,318 23,628 3,840 19,788 2001 2011 35 years Westwood Corpus Christi Texas — 440 8,624 — 440 8,624 9,064 1,607 7,457 1973 2011 35 years Trisun River Ridge Corpus Christi Texas — 890 7,695 — 890 7,695 8,585 1,523 7,062 1994 2011 35 years Heritage Oaks West Corsicana Texas — 510 15,806 — 510 15,806 16,316 2,867 13,449 1995 2011 35 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Park Manor DeSoto Texas — 1,080 14,484 — 1,080 14,484 15,564 2,690 12,874 1987 2011 35 years Hill Country Care Dripping Springs Texas — 740 3,973 16 756 3,973 4,729 804 3,925 1986 2011 35 years Trisun Care Center - Northeast El Paso El Paso Texas — 1,580 8,396 — 1,580 8,396 9,976 2,252 7,724 2010 2011 35 years Pecan Tree Rehab & Healthcare Gainesville Texas — 430 11,499 — 430 11,499 11,929 2,134 9,795 1990 2011 35 years Pleasant Valley Health & Rehab Garland Texas — 1,040 9,383 — 1,040 9,383 10,423 1,851 8,572 2008 2011 35 years Upshur Manor Gilmer Texas — 770 8,126 — 770 8,126 8,896 1,573 7,323 1990 2011 35 years Beechnut Manor Houston Texas — 1,080 12,030 — 1,080 12,030 13,110 2,279 10,831 1982 2011 35 years Park Manor - Cypress Station Houston Texas — 1,450 19,542 — 1,450 19,542 20,992 3,420 17,572 2003 2011 35 years Park Manor of Westchase Houston Texas — 2,760 16,715 — 2,760 16,715 19,475 2,981 16,494 2005 2011 35 years Park Manor - Cyfair Houston Texas — 1,720 14,717 — 1,720 14,717 16,437 2,637 13,800 1999 2011 35 years West Oaks Rehabilitation and Health Care Center - Houston Houston Texas — — — 26,732 1,225 25,507 26,732 1,632 25,100 1994 2015 35 years Westwood Rehabilitation and Health Care Center Houston Texas — — — 22,387 1,335 21,052 22,387 1,350 21,037 2006 2015 35 years Green Acres - Humble Humble Texas — 2,060 6,738 — 2,060 6,738 8,798 1,381 7,417 1972 2011 35 years Park Manor - Humble Humble Texas — 1,650 17,257 — 1,650 17,257 18,907 3,061 15,846 2003 2011 35 years Green Acres - Huntsville Huntsville Texas — 290 2,568 — 290 2,568 2,858 630 2,228 1968 2011 35 years Senior Care of Jacksonville Jacksonville Texas — 760 9,639 — 760 9,639 10,399 1,835 8,564 2006 2011 35 years Avalon Kirbyville Kirbyville Texas — 260 7,713 — 260 7,713 7,973 1,512 6,461 1987 2011 35 years Millbrook Healthcare Lancaster Texas — 750 7,480 — 750 7,480 8,230 1,558 6,672 2008 2011 35 years Nexion Health at Linden Linden Texas — 680 3,495 — 680 3,495 4,175 854 3,321 1968 2011 35 years SWLTC Marshall Conroe Marshall Texas — 810 10,093 — 810 10,093 10,903 1,968 8,935 2008 2011 35 years McKinney Healthcare & Rehab McKinney Texas — 1,450 10,345 — 1,450 10,345 11,795 2,008 9,787 2006 2011 35 years Park Manor of McKinney McKinney Texas — 1,540 11,049 (2,345 ) 1,540 8,704 10,244 1,776 8,468 1993 2011 35 years Senior Care of Midland Midland Texas — 530 13,311 — 530 13,311 13,841 2,393 11,448 2008 2011 35 years Park Manor of Quail Valley Missouri City Texas — 1,920 16,841 — 1,920 16,841 18,761 2,996 15,765 2005 2011 35 years Nexion Health at Mt. Pleasant Mount Pleasant Texas — 520 5,050 — 520 5,050 5,570 1,124 4,446 1970 2011 35 years The Meadows Nursing and Rehab Orange Texas — 380 10,777 — 380 10,777 11,157 2,045 9,112 2006 2011 35 years Paramount Rehabilitation and Health Care Center - Pasadena Pasadena Texas — — — 28,124 1,539 26,585 28,124 1,703 26,421 2004 2015 35 years Cypress Glen Nursing and Rehab Port Arthur Texas — 1,340 14,142 — 1,340 14,142 15,482 2,701 12,781 2000 2011 35 years Lake Arthur Place Port Arthur Texas — 490 10,663 — 490 10,663 11,153 2,000 9,153 1986 2011 35 years Coastal Palms Portland Texas — 390 8,548 — 390 8,548 8,938 1,606 7,332 1998 2011 35 years Senior Care of San Angelo San Angelo Texas — 870 12,282 — 870 12,282 13,152 2,274 10,878 2006 2011 35 years Lakeside SNF San Antonio Texas — — — 8,677 1,865 6,812 8,677 938 7,739 2012 2015 35 years Location Initial Cost to Company Gross Amount Carried at Close of Period Property Name City State Encumbrances Land and Improvements Buildings and Improvements Costs Capitalized Subsequent to Acquisition Land and Improvements Buildings and Improvements Total Accumulated Depreciation Net Book Value Year of Construction Year Acquired Life on Which Depreciation in Income Statement is Computed Mystic Park Rehabilitation Center San Antonio Texas — — — 15,140 566 14,574 15,140 931 14,209 2004 2015 35 years Paramount Rehabilitation and Health Care Center - San Antonio San Antonio Texas — — — 25,759 808 24,951 25,759 1,593 24,166 2000 2015 35 years San Pedro Manor San Antonio Texas — 740 11,498 (2,768 ) 740 8,730 9,470 1,742 7,728 1986 2011 35 years Nexio

Accounting Policies (Policies)

Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Combination and Consolidation and Basis of Presentation Prior to the spin-off, CCP was a wholly owned subsidiary of Ventas. Our combined consolidated financial statements for periods prior to our separation from Ventas were prepared on a stand-alone basis and represent a combination of entities under common control that have been “carved out” of Ventas’s consolidated financial statements. Subsequent to the spin-off, our financial statements have been prepared on a consolidated basis in accordance with U.S. generally accepted accounting principles (“GAAP”). Our consolidated financial statements for periods subsequent to our separation from Ventas include our accounts and the accounts of our wholly owned subsidiaries and the joint venture entities over which we have control. All intercompany transactions and balances have been eliminated in consolidation, and our net income is reduced by the portion of net income attributable to noncontrolling interests.
Noncontrolling Interests	Noncontrolling Interests We present the portion of any equity that we do not own in entities that we control (and thus consolidate) as noncontrolling interests and classify this interest as a component of consolidated equity, separate from total CCP equity, on our consolidated balance sheets. For consolidated joint ventures with pro rata distribution allocations, we allocate net income or loss between the joint venture partners based on their respective stated ownership percentages. We account for purchases or sales of equity interests that do not result in a change of control as equity transactions, either through net parent investment for periods prior to our separation from Ventas or through additional paid-in capital for periods subsequent to our separation from Ventas. In addition, we include net income or loss attributable to the noncontrolling interests in net income in our combined consolidated statements of income and comprehensive income.
Accounting Estimates	Accounting Estimates The preparation of combined consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions regarding future events that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We base these estimates on our experience and assumptions we believe to be reasonable under the circumstances. However, if our judgment or interpretation of the facts and circumstances relating to various transactions or other matters had been different, we may have applied a different accounting treatment, resulting in a different presentation of our financial statements. We periodically reevaluate our estimates and assumptions, and in the event they prove to be different from actual results, we make adjustments in subsequent periods to reflect more current estimates and assumptions about matters that are inherently uncertain.
Net Real Estate Property	Net Real Estate Property Our investment in net real estate property is recorded on our consolidated balance sheets at historical cost, less accumulated depreciation and amortization. These real estate assets are initially measured upon their acquisition. We account for acquisitions using the acquisition method and record the cost of the businesses acquired among tangible and recognized intangible assets and liabilities based upon their estimated fair values as of the acquisition date. • Land —We determine the fair value of land either by considering the sales prices of similar properties in recent transactions or based on internal analyses of recently acquired and existing comparable properties within our portfolio. • Buildings —We estimate the fair value of buildings acquired on an as-if-vacant basis and depreciate the building value over the estimated remaining life of the building, generally not to exceed 35 years. • Other tangible fixed assets —We determine the fair value of other fixed assets, such as site improvements and furniture, fixtures and equipment, based upon the replacement cost and depreciate such value over the assets' estimated remaining useful lives as determined at the applicable acquisition date. • In-place lease intangibles —The fair value of in-place leases reflects our estimate of the cost to obtain tenants and an estimated value of the absorption period to reflect the value of the rent and recovery costs foregone during a reasonable lease-up period as if the acquired space was vacant. We amortize these intangibles through amortization expense over the remaining life of the associated lease plus assumed bargain renewal periods, if any. If a lease is terminated prior to its stated expiration or not renewed upon expiration, we recognize all unamortized lease-related intangibles associated with that lease in operations at that time. • Market lease intangibles —We estimate the fair value of any above and/or below market leases by discounting the difference between the estimated market rent and in-place lease rent. We amortize these intangibles to revenue over the remaining life of the associated lease plus any assumed bargain renewal periods, if any. If a lease is terminated prior to its stated expiration or not renewed upon expiration, we recognize all unamortized lease-related intangibles associated with that lease in operations at that time. • Purchase option intangibles —We estimate the fair value of purchase option intangible liabilities by discounting the difference between the applicable property's acquisition date fair value and an estimate of its future option price. We do not amortize the resulting intangible liability over the term of the lease, but rather adjust the recognized value of the asset or liability upon sale. • Goodwill —Goodwill represents the excess of the purchase price paid over the fair value of the net assets of the acquired business. We do not amortize goodwill.
Impairment of Long-Lived and Intangible Assets and Goodwill	Impairment of Long-Lived and Intangible Assets and Goodwill We periodically evaluate our long-lived assets, primarily consisting of investments in real estate, for impairment indicators. If indicators of impairment are present, we evaluate 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, we consider market conditions and our current intentions with respect to the retention or disposition of the asset. We adjust the net book value of leased properties and other long-lived assets to fair value if the sum of the expected future undiscounted cash flows, including sales proceeds, is less than carrying value. We recognize any shortfall from carrying value as an impairment loss in the current period. If impairment indicators arise with respect to intangible assets with finite useful lives, we evaluate impairment by comparing the carrying amount of the asset to the estimated future undiscounted net cash flows expected to be generated by the asset. If estimated future undiscounted net cash flows are less than the carrying amount of the asset, then we estimate the fair value of the asset and compare the estimated fair value to the intangible asset's carrying value. We recognize any shortfall from carrying value as an impairment loss in the current period. We test goodwill for impairment at least annually, and more frequently if indicators arise. We assess qualitative factors, such as current macroeconomic conditions, the state of capital markets and our overall financial and operating performance, to determine the likelihood that the fair value of the reporting unit is less than its carrying amount. If we determine it is more likely than not that the fair value of the reporting unit is less than its carrying amount, we proceed with the two-step approach to evaluating impairment. First, we estimate the fair value of the reporting unit and compare it to the reporting unit's carrying value. If the carrying value exceeds fair value, we proceed with the second step, which requires us to assign the fair value of the reporting unit to all of the assets and liabilities of the reporting unit as if it had been acquired in a business combination at the date of the impairment test. The excess fair value of the reporting unit over the amounts assigned to the assets and liabilities is the implied value of goodwill and is used to determine the amount of impairment. We recognize an impairment loss to the extent the carrying value of goodwill exceeds the implied value in the current period. Additionally, when we classify our real estate assets as assets held for sale, we evaluate the entire disposal group, including the associated goodwill, for impairment. Estimates of fair value used in our evaluation of goodwill, real estate investments and intangible assets are based upon discounted future cash flow projections or other acceptable valuation techniques that are based, in turn, upon all available evidence including Level 3 inputs in the fair value hierarchy (as described below), such as revenue and expense growth rates, capitalization rates, discount rates or other available market data. Real estate investments that are impaired when classified as held for sale are generally estimated utilizing specific offers and quotes from potential buyers or brokers. Our ability to accurately predict future operating results and cash flows and to estimate and allocate fair values impacts the timing and recognition of impairments. While we believe our assumptions are reasonable, changes in these assumptions may have a material impact on our financial results.
Assets Held-for-Sale and Discontinued Operations	Assets Held for Sale We expect to sell properties from time to time for various reasons, including favorable market conditions or the exercise of purchase options by tenants. We classify certain long-lived assets as held for sale once the criteria, as defined by GAAP, have been met. Long-lived assets to be disposed of are reported at the lower of their carrying amount or fair value minus cost to sell and are no longer depreciated.
Net Investment in Direct Financing Lease	Net Investment in Direct Financing Lease As of December 31, 2016 , we owned one SNF that we lease to an operator under a direct financing lease, as the tenant is obligated to purchase the property at the end of the lease term. The net investment in direct financing lease is recorded as a receivable on our consolidated balance sheets and represents the total undiscounted rental payments (including the tenant's purchase obligation), plus the estimated unguaranteed residual value, less the unearned lease income. Unearned lease income represents the excess of the minimum lease payments and residual values over the cost of the investment. Unearned lease income is deferred and amortized to income over the lease term to provide a constant yield when collectibility of the lease payments is reasonably assured.
Loans Receivable	Loans Receivable We determine the fair value of loans receivable acquired in connection with a business combination by discounting the estimated future cash flows using current interest rates at which similar loans with the same terms and length to maturity would be made to borrowers with similar credit ratings. We do not establish a valuation allowance at the acquisition date, as the amount of estimated future cash flows reflects our judgment regarding their uncertainty. We recognize the difference between the acquisition date fair value and the total expected cash flows as interest income using the effective interest method over the life of the applicable loan. We immediately recognize in income any unamortized balances if the loan is repaid before its contractual maturity. Subsequent to the acquisition date, we evaluate changes regarding the uncertainty of future cash flows and the need for a valuation allowance, as appropriate. We regularly evaluate the collectibility of loans receivable based on factors such as corporate and facility-level financial and operational reports, compliance with financial covenants set forth in the applicable loan agreement, the financial strength of the borrower and any guarantors, the payment history of the borrower and current economic conditions. If our evaluation of these factors indicates it is probable that we will not be able to collect all amounts due under the terms of the applicable loan agreement, we provide a reserve against the portion of the receivable that we estimate may not be collected.
Tenant Deposits	Tenant Deposits Tenant deposits consist of security deposits and amounts provided by our tenants for future real estate taxes, insurance expenditures and tenant improvements related to our properties and their operations.
Fair Values of Financial Instruments	Fair Values of Financial Instruments Fair value is a market-based measurement, not an entity-specific measurement, and we determine fair value based on the assumptions that we expect market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, GAAP establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity's own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy). Level 1 inputs utilize unadjusted quoted prices for identical assets or liabilities in active markets that we have the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are directly or indirectly observable for the asset or liability. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets and other inputs for the asset or liability that are observable at commonly quoted intervals, such as interest rates and yield curves. Level 3 inputs are unobservable inputs for the asset or liability, which typically are based on our own assumptions, because there is little, if any, related market activity. If the determination of the fair value measurement is based on inputs from different levels of the hierarchy, the level within which the entire fair value measurement falls is the lowest level input that is significant to the fair value measurement in its entirety. If the volume and level of market activity for an asset or liability has decreased significantly relative to the normal market activity for such asset or liability (or similar assets or liabilities), then transactions or quoted prices may not accurately reflect fair value. In addition, if there is evidence that a transaction for an asset or liability is not orderly, little, if any, weight is placed on that transaction price as an indicator of fair value. Our assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. We use the following methods and assumptions in estimating the fair value of our financial instruments. • Cash —The carrying amount of cash reported on our combined consolidated balance sheets approximates fair value. • Loans receivable —We estimate the fair value of loans receivable using Level 2 and Level 3 inputs: we discount future cash flows using current interest rates at which similar loans with the same terms and length to maturity would be made to borrowers with similar credit ratings. • Term loans, senior notes and other debt —We estimate the fair value of term loans, senior notes and other debt using Level 2 inputs: we discount the future cash flows using current interest rates and credit spreads at which we could obtain similar borrowings. See “Note 9—Borrowing Arrangements.” • Derivatives —We estimate the fair value of our derivatives using Level 2 inputs. See “Note 10—Derivatives and Hedging Activities.”
Revenue Recognition	Revenue Recognition Triple-Net Leased Properties Certain of our triple-net leases provide for periodic and determinable increases in base rent. We recognize base rental revenues under these leases on a straight-line basis over the applicable lease term when collectibility is reasonably assured. Recognizing rental income on a straight-line basis generally results in recognized revenues during the first half of a lease term exceeding the cash amounts contractually due from our tenants, creating a straight-line rent receivable that is included in other assets on our combined consolidated balance sheets. Our remaining leases provide for periodic increases in base rent only if certain revenue parameters or other substantive contingencies are met. We recognize the increased rental revenue under these leases as the related parameters or contingencies are met, rather than on a straight-line basis over the applicable lease term. Other We recognize income from lease terminations and certain other income when all of the following criteria are met in accordance with Securities and Exchange Commission (“SEC”) Staff Accounting Bulletin 104: (i) the applicable agreement has been fully executed and delivered; (ii) services have been rendered; (iii) the amount is fixed or determinable; and (iv) collectibility is reasonably assured. Allowances We assess our rent receivables, including straight-line rent receivables, to determine whether an allowance is appropriate. We base our assessment of rent receivables (other than straight-line rent receivables) on several factors, including, among other things, payment history, the financial strength of the tenant and any guarantors, the value of the underlying collateral, if any, and current economic conditions, including government reimbursement. If our evaluation of these factors indicates that we may not be able to recover the full value of the receivable, we provide an allowance against the portion of the receivable that we estimate may not be recovered. We also base our assessment of straight-line rent receivables on several factors, including, among other things, the financial strength of the tenant and any guarantors, the historical operations and operating trends of the property, the historical payment pattern of the tenant, the type of property and government reimbursement. If our evaluation of these factors indicates that we may not be able to collect the increases in rent payments due in the future, we provide an allowance against the recognized straight-line rent receivable asset that we estimate may not be collected. If we change our assumptions or estimates regarding the collectibility of future rent payments required by a lease, we may adjust the allowance to increase or reduce the rental revenue recognized in the period we make such change in our assumptions or estimates.
Federal Income Tax	Federal Income Tax Ventas elected to be treated as a REIT under the applicable provisions of the Internal Revenue Code of 1986, as amended (the “Code”), for every year beginning with the year ended December 31, 1999. Accordingly, with respect to periods prior to our separation from Ventas, Ventas generally was not subject to federal income tax. We elected to be treated as a REIT under the applicable provisions of the Code, beginning with the year ended December 31, 2015.
Segment Reporting	Segment Reporting As of December 31, 2016 , 2015 and 2014 , we operated through a single reportable business segment: triple-net leased properties. We primarily invest in SNFs and other healthcare properties throughout the United States and lease those properties to healthcare operating companies under “triple-net” or “absolute-net” leases that obligate the tenants to pay all property-related expenses.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities We record all derivative financial instruments on our consolidated balance sheets at fair value as of the reporting date. Our accounting for changes in the fair value of derivative financial instruments depends on our intended use of the derivative, whether we have elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Hedge accounting generally provides for matching of the timing of gain or loss recognition on the hedging instrument with the recognition of changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge, or to the earnings effect of the hedged forecasted transactions in a cash flow hedge. In accordance with the Financial Accounting Standards Board’s (“FASB”) fair value measurement guidance in Accounting Standards Update (“ASU”) No. 2011-04, Fair Value Measurement (Topic 820) , we have elected to measure the credit risk of our derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. We do not use our derivative financial instruments for trading or speculative purposes.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation.
Recently Issued or Adopted Relevant Accounting Standards	Recently Issued or Adopted Relevant Accounting Standards In 2014, the FASB issued ASU No. 2014-09, Revenue From Contracts With Customers (“ASU 2014-09”), which outlines a comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This new guidance is effective January 1, 2018, with early adoption permitted beginning January 1, 2017, and will replace existing revenue recognition standards. The sale of investment property and any non-lease components contained within lease agreements will be required to follow the new guidance; however, lease components of lease contracts will be excluded from this guidance. This pronouncement allows either a full or a modified retrospective method of adoption. Expanded quantitative and qualitative disclosures regarding revenue recognition will be required for contracts that are subject to this guidance. While we anticipate additional disclosure, we do not expect the adoption of this pronouncement will have a material effect on our consolidated financial statements, as substantially all of our revenue consists of rental income from leasing arrangements, which is specifically excluded from ASU 2014-09; however, we will continue to evaluate this assessment until the guidance becomes effective. In February 2016, the FASB issued ASU No. 2016-02, Leases (“ASU 2016-02”), which, among other things, requires lessees to recognize most leases on the balance sheet and therefore will increase reported assets and liabilities of such lessees. This new guidance is effective January 1, 2019, with early adoption permitted, and will require lessees to recognize a liability to make lease payments and a right-of-use asset, initially measured at the present value of lease payments, for both operating and financing leases. For leases with a term of 12 months or less, lessees will be permitted to make an accounting policy election by class of underlying asset to not recognize lease liabilities and lease assets. Under this new pronouncement, lessor accounting will be largely unchanged from existing GAAP. The pronouncement requires a modified retrospective method of adoption, with some optional practical expedients. Upon adoption, we will recognize a lease liability and a right-of-use asset for operating leases where we are the lessee, such as ground leases and office leases. We will continue to evaluate the impact of this guidance until it becomes effective. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which provides for an impairment model that is based on expected losses rather than incurred losses. Under ASU 2016-13, an entity recognizes as an allowance its estimate of expected credit losses. ASU 2016-13 is effective for us beginning January 1, 2020. We are continuing to evaluate this guidance; however, we do not expect its adoption will have a significant effect on our consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), that addresses eight classification issues related to the statement of cash flows. ASU 2016-15 is effective for us for fiscal years beginning after December 15, 2017. We are continuing to evaluate the application of this guidance and its effect on our consolidated financial statements.

Accounting Policies (Tables)

Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Income Disaggregated Basis	The following is a summary of net income for the year ended December 31, 2015 on a disaggregated basis to show the respective amounts attributed to the periods prior and subsequent to our separation from Ventas: January 1, 2015 through August 17, 2015 August 18, 2015 through December 31, 2015 For the Year Ended December 31, 2015 (In thousands) Revenues: Rental income, net $ 197,275 $ 124,510 $ 321,785 Income from investments in direct financing lease and loans 2,175 1,643 3,818 Real estate services fee income — 2,247 2,247 Interest and other income 63 28 91 Total revenues 199,513 128,428 327,941 Expenses: Interest 22 12,325 12,347 Depreciation and amortization 66,988 44,764 111,752 Impairment on real estate investments and goodwill 12,898 10,241 23,139 General, administrative and professional fees 15,585 13,637 29,222 Deal costs 3,933 2,421 6,354 Other 1,267 199 1,466 Total expenses 100,693 83,587 184,280 Income before income taxes, real estate dispositions and noncontrolling interests 98,820 44,841 143,661 Income tax (expense) benefit (1,004 ) 66 (938 ) Gain on real estate dispositions — 632 632 Net income 97,816 45,539 143,355 Net income attributable to noncontrolling interests 120 69 189 Net income attributable to CCP $ 97,696 Net income attributable to common stockholders $ 45,470

Acquisitions of Real Estate P32

Acquisitions of Real Estate Property (Tables)	12 Months Ended
	Dec. 31, 2016
Business Acquisition [Line Items]
Schedule of Acquisition Estimated Fair Value	The following table summarizes the acquisition date fair values of the assets acquired and liabilities assumed during 2016 (in thousands): Land and improvements $ 2,240 Buildings and improvements 31,640 Acquired lease intangibles 2,120 Total assets acquired 36,000 Tenant deposits 765 Total liabilities assumed 765 Net assets acquired $ 35,235 The following table summarizes the acquisition date fair values of the assets acquired and liabilities assumed during 2015 (in thousands): Land and improvements $ 38,361 Buildings and improvements 515,620 Acquired lease intangibles 14,138 Goodwill (1) 56,275 Other assets 8,034 Total assets acquired 632,428 Tenant deposits 8,801 Lease intangible liabilities 3,729 Accounts payable and other liabilities 1,343 Total liabilities assumed 13,873 Net assets acquired $ 618,555 __________ (1) As it relates to the HCT acquisition, goodwill was allocated to us on a relative fair value basis from total goodwill recognized by Ventas. A $1.8 million reduction of the original amount of goodwill due to HCT was recognized in 2015.
Business acquisition, pro forma information	Unaudited Pro Forma The following table illustrates the effect on revenues and net income attributable to CCP as if we had consummated the acquisitions completed during the year ended December 31, 2016 as of January 1, 2015: For the Years Ended December 31, 2016 2015 (Unaudited) (In thousands, except per share amounts) Revenues $ 350,774 $ 331,001 Net income attributable to CCP 123,781 144,393 Net income attributable to CCP, per basic share $ 1.48 $ 1.73 Net income attributable to CCP, per diluted share 1.48 1.73 The following table illustrates the effect on revenues and net income attributable to CCP as if we had consummated the acquisitions completed during the year ended December 31, 2015 as of January 1, 2014: For the Years Ended December 31, 2015 2014 (Unaudited) (In thousands, except per share amounts) Revenues $ 345,015 $ 348,906 Net income attributable to CCP 148,392 180,152 Net income attributable to CCP, per basic share $ 1.78 $ 2.16 Net income attributable to CCP, per diluted share 1.77 2.15

Assets Held For Sale and Disp33

Assets Held For Sale and Dispositions of Real Estate Property (Tables)	12 Months Ended
	Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Assets Held for Sale	Rollforward of Assets Held For Sale Number of Properties Net Book Value (In thousands) December 31, 2014 4 $ 4,184 Properties added 12 18,285 Properties sold (6 ) (9,337 ) December 31, 2015 10 13,132 Properties added 38 244,684 Properties sold (18 ) (190,945 ) December 31, 2016 30 $ 66,871

Triple-Net Lease Arrangements (

Triple-Net Lease Arrangements (Tables)	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Schedule of future contracted minimum rentals for all of triple-net and MOB leases	The following table sets forth the future contracted minimum rentals, excluding contingent rent escalations, but including straight-line rent adjustments where applicable, for all of our triple-net leases as of December 31, 2016 (excluding properties classified as held for sale as of December 31, 2016 and rents from direct financing lease) (in thousands): 2017 $ 300,417 2018 302,268 2019 304,272 2020 284,827 2021 261,946 Thereafter 1,388,074 Total $ 2,841,804

Loans Receivable, Net (Tables)

Loans Receivable, Net (Tables)	12 Months Ended
	Dec. 31, 2016
Loans Receivable, Net [Abstract]
Schedule of Loans Receivable	Below is a summary of our loans receivable as of December 31, 2016 and 2015 (in thousands): 2016 2015 Carrying Value Fair Value Carrying Value Fair Value Mortgage loans receivable, net $ 9,313 $ 8,746 $ 5,255 $ 4,494 Other loans receivable, net 52,951 52,288 24,472 24,188 Total loans receivable, net $ 62,264 $ 61,034 $ 29,727 $ 28,682

Intangibles and Goodwill (Table

Intangibles and Goodwill (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangibles	The following is a summary of our intangibles and goodwill as of December 31, 2016 and 2015 : December 31, 2016 December 31, 2015 Balance Remaining Weighted Average Amortization Period in Years Balance Remaining Weighted Average Amortization Period in Years (Dollars in thousands) Intangible assets: Above market lease intangibles $ 56,570 11.1 $ 64,516 11.4 In-place lease intangibles 35,861 12.8 37,353 13.4 Tradename, technology and customer relationships 2,950 3.5 2,950 4.5 Accumulated amortization (44,511 ) N/A (45,390 ) N/A Goodwill 123,884 N/A 145,374 N/A Net intangible assets $ 174,754 11.5 $ 204,803 12.3 Intangible liabilities: Below market lease intangibles $ 167,789 15.0 $ 194,141 14.9 Above market ground lease intangibles 1,907 51.9 1,907 52.9 Accumulated amortization (72,060 ) N/A (75,052 ) N/A Purchase option intangibles 5,546 N/A 9,352 N/A Net intangible liabilities $ 103,182 15.7 $ 130,348 15.5
Schedule of Goodwill	The following table displays a rollforward of the carrying amount of goodwill from January 1, 2015 to December 31, 2016 (in thousands): Balance as of January 1, 2015 $ 88,959 Additions 56,992 Disposals (577 ) Balance as of December 31, 2015 145,374 Disposals (17,854 ) Impairment (3,636 ) Balance as of December 31, 2016 $ 123,884

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Summary of other assets	The following is a summary of our other assets as of December 31, 2016 and 2015 : 2016 2015 (In thousands) Straight-line rent receivables, net $ 657 $ 579 Deferred lease costs, net 5,471 6,895 Assets held for sale 70,103 15,035 Derivative fair value asset 10,476 — Other, net 18,425 15,534 Total other assets $ 105,132 $ 38,043

Borrowing Arrangements (Tables)

Borrowing Arrangements (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Term Loans and Other Debt	The following is a summary of our term loans, senior notes and other debt as of December 31, 2016 and 2015 (in thousands): 2016 2015 (In thousands) Unsecured revolving credit facility $ 24,000 $ 143,000 Unsecured term loan due 2017 — 600,000 Secured term loan due 2019 135,000 — Unsecured term loan due 2020 474,000 800,000 Unsecured term loan due 2023 200,000 — 5.125% senior notes due 2026 500,000 — 5.38% senior notes due 2027 100,000 — Total 1,433,000 1,543,000 Unamortized debt issuance costs 18,466 18,137 Total term loans, senior notes and other debt $ 1,414,534 $ 1,524,863
Contractual Obligation, Fiscal Year Maturity Schedule	As of December 31, 2016 , our indebtedness had the following maturities: Principal Amount Due at Maturity Revolver (1) Total Maturities (In thousands) 2016 $ — $ — $ — 2017 — — — 2018 — — — 2019 135,000 24,000 159,000 2020 474,000 — 474,000 Thereafter 800,000 — 800,000 Total Maturities $ 1,409,000 $ 24,000 $ 1,433,000 (1) As of December 31, 2016 , we had $15.8 million of cash, resulting in $8.2 million of net borrowings outstanding under the Revolver. The Revolver may be extended, at Care Capital LP’s option, for two additional six -month periods.

Derivatives and Hedging Activ39

Derivatives and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The table below presents the fair value of our derivative financial instruments, as well as their classification on our consolidated balance sheet as of December 31, 2016 (in thousands): Asset Derivative Derivatives Designated as Hedging Instruments Balance Sheet Location December 31, 2016 Interest rate contracts Other assets $ 10,476
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The table below presents the effect of our derivative financial instruments on our consolidated statement of income and comprehensive income for the year ended December 31, 2016 (in thousands): Derivatives in Cash Flow Hedging Relationships Amount of Gain Recognized in AOCI on Derivative (Effective Portion) Location of Gain/Loss Reclassified from AOCI into Income (Effective Portion) Amount of Loss Reclassified from AOCI into Income (Effective Portion) Interest rate contracts $ 5,862 Interest expense $ (4,614 )
Fair Value, Measurement Inputs, Disclosure	The table below presents our derivative financial instrument asset measured at fair value on a recurring basis as of December 31, 2016 , aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands): Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Balance at December 31, 2016 Derivative financial instrument asset $ — $ 10,476 $ — $ 10,476

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Tax Treatment of Distributions Per Common Share	During the year ended December 31, 2016 , our tax treatment of distributions per common share was as follows: 2016 Tax treatment of distributions: Ordinary income $ 2.092733 Qualified ordinary income — Long-term capital gain — Unrecaptured Section 1250 gain 0.115752 Return of capital — Distribution reported for 1099-DIV purposes $ 2.208485
Schedule of Components of Income Tax Expense (Benefit)	The provision for income taxes related to continuing operations consists of the following (in thousands): Years Ended December 31, 2016 2015 2014 Current: Federal $ (303 ) $ (91 ) $ — State (484 ) (213 ) — Total current (787 ) (304 ) — Deferred: Federal 347 114 — State (312 ) (748 ) — Total deferred 35 (634 ) — Total income tax (provision) $ (752 ) $ (938 ) $ —
Schedule of Effective Income Tax Rate Reconciliation	Below is a reconciliation between the provision for income taxes and the amount computed by applying the federal statutory income tax rate to the income or loss for continuing operations before income taxes (dollars in thousands): Years Ended December 31, 2016 2015 2014 Provision for income taxes at statutory rate $ (43,222 ) 35.00 % $ (49,528 ) 35.00 % $ — — % Tax at statutory rate on earnings not subject to federal income taxes 43,175 (34.96 ) 49,561 (35.02 ) — — Income for which no book expense was recognized — — — — — — Expense for which no federal tax benefit was recognized (11 ) 0.01 — — — — State tax (provision) benefit, net of federal (676 ) 0.55 (960 ) 0.68 — — Impact of rate change (59 ) 0.05 — — — — Prior year provision to return adjustments — — — — — — Other 41 (0.03 ) (11 ) 0.01 — — Total income tax (provision) $ (752 ) 0.62 % $ (938 ) 0.67 % $ — — %
Schedule of Deferred Tax Assets and Liabilities	The components of the deferred tax liability at December 31, 2016 were as follows (in thousands): Years Ended December 31, 2016 2015 Deferred income $ (97 ) $ (138 ) Basis difference on tangible property (1,019 ) (804 ) Basis difference on intangible property (736 ) (947 ) Total (1,852 ) (1,889 ) Valuation adjustment — — Total net deferred tax liability $ (1,852 ) $ (1,889 )

Stock-based Compensation (Table

Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Nonvested Restricted Stock Shares Activity	The following table summarizes the performance-based RSU activity for the year ended December 31, 2016 . There were no RSUs granted during 2015 : Performance-Based RSUs Weighted Average Grant Date Fair Value Nonvested at December 31, 2015 — $ — Granted 41,626 20.17 Nonvested at December 31, 2016 41.626 $ 20.17 The following table summarizes the nonvested restricted stock activity for the years ended December 31, 2016 and 2015: Number of Restricted Shares Weighted Average Grant Date Fair Value Nonvested at December 31, 2014 — $ — Converted from Ventas restricted stock 125,183 16.98 Granted 190,471 34.01 Nonvested at December 31, 2015 315,654 $ 27.26 Granted 134,416 29.13 Vested (106,177 ) 24.71 Forfeited (3,607 ) 32.32 Nonvested at December 31, 2016 340,286 $ 31.30
Schedule of Share-based Compensation, Stock Options, Activity	The following table summarizes the stock option activity for the years ended December 31, 2016 and 2015: Shares Weighted Average Exercise Price Outstanding as of December 31, 2014 — $ — Converted from Ventas options 1,047,501 32.01 Outstanding as of December 31, 2015 1,047,501 32.01 Granted 496,859 29.94 Exercised (1,023 ) 20.41 Outstanding as of December 31, 2016 1,543,337 $ 28.74
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions	The Black-Scholes option pricing model used the following assumptions: 2016 Fair value of options granted $2.55 - $2.52 Expected term (years) 5.5 - 6.0 years Expected volatility 25.0 % Risk-free interest rate 1.57% - 1.66% The Monte Carlo simulation model used the following assumptions: 2016 Fair value of RSUs granted at target amount $ 20.17 Expected volatility 23.4 % Risk-free interest rate 0.85 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Computation of basic and diluted earnings per common share	The following table shows the amounts used in computing our basic and diluted earnings per common share: For the Year Ended December 31, 2016 2015 2014 (In thousands, except per share amounts) Numerator for basic and diluted earnings per share: Net income attributable to CCP $ 122,743 $ 143,166 $ 157,595 Less: dividends on unvested restricted shares (736 ) (333 ) — Net income attributable to CCP excluding dividends on unvested restricted shares 122,007 142,833 157,595 Denominator: Denominator for basic earnings per share—weighted average shares 83,592 83,488 83,488 Effect of dilutive securities: Stock options 1 45 82 Restricted stock 96 74 88 Denominator for diluted earnings per share—adjusted weighted average shares 83,689 83,607 83,658 Basic earnings per share: Net income attributable to CCP excluding dividends on unvested restricted shares $ 1.46 $ 1.71 $ 1.89 Diluted earnings per share: Net income attributable to CCP excluding dividends on unvested restricted shares $ 1.46 $ 1.71 $ 1.88

Quarterly Financial Informati43

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	Summarized unaudited combined consolidated quarterly information for the years ended December 31, 2016 , 2015 and 2014 is provided below. For the Year Ended December 31, 2016 First Quarter Second Quarter Third Quarter Fourth Quarter (In thousands, except per share amounts) Revenues $ 84,543 $ 85,662 $ 87,291 $ 90,408 Net income attributable to CCP $ 29,766 $ 37,151 $ 19,010 $ 36,816 Earnings per share: Basic: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.35 $ 0.44 $ 0.23 $ 0.44 Diluted: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.35 $ 0.44 $ 0.23 $ 0.44 Dividends declared per share $ 0.57 $ 0.57 $ 0.57 $ 0.57 For the Year Ended December 31, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter (In thousands, except per share amounts) Revenues $ 78,573 $ 79,720 $ 82,317 $ 87,331 Net income attributable to CCP $ 37,221 $ 37,983 $ 36,151 $ 31,811 Earnings per share: Basic: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.45 $ 0.45 $ 0.43 $ 0.38 Diluted: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.44 $ 0.45 $ 0.43 $ 0.38 Dividends declared per share N/A N/A $ 0.57 $ 0.57 For the Year Ended December 31, 2014 First Quarter Second Quarter Third Quarter Fourth Quarter (In thousands, except per share amounts) Revenues $ 75,249 $ 75,866 $ 73,278 $ 70,971 Net income attributable to CCP $ 41,365 $ 45,607 $ 33,202 $ 37,421 Earnings per share: Basic: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.50 $ 0.55 $ 0.40 $ 0.45 Diluted: Net income attributable to CCP excluding dividends on unvested restricted shares $ 0.49 $ 0.55 $ 0.40 $ 0.45 Dividends declared per share N/A N/A N/A N/A

Description of Business (Detail

Description of Business (Details)	12 Months Ended
	Dec. 31, 2016providerstatepropertybed	Aug. 17, 2015
Real estate properties
Spin-off common stock conversion		0.25
Number of private providers | provider	38
Number of states | state	36
Number of units in real estate property | bed	38,000
Ventas, Inc.
Real estate properties
Number of real estate properties | property	345

Accounting Policies - Schedule

Accounting Policies - Schedule of Disaggrated Income (Details) - USD ($) $ in Thousands	3 Months Ended												4 Months Ended	8 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, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Aug. 17, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Rental income, net													$ 124,510	$ 197,275	$ 325,464	$ 321,785	$ 291,962
Income from investments in direct financing lease and loans													1,643	2,175	6,474	3,818	3,400
Real estate services fee income													2,247	0	6,595	2,247	0
Interest and other income													28	63	2,073	91	2
Total revenues	$ 90,408	$ 87,291	$ 85,662	$ 84,543	$ 87,331	$ 82,317	$ 79,720	$ 78,573	$ 70,971	$ 73,278	$ 75,866	$ 75,249	128,428	199,513	347,904	327,941	295,364
Expenses:
Interest													12,325	22	50,168	12,347	0
Depreciation and amortization													44,764	66,988	107,561	111,752	91,612
Impairment on real estate investments													10,241	12,898		23,139
General, administrative and professional fees													13,637	15,585	34,827	29,222	22,412
Deal costs													2,421	3,933	3,086	6,354	1,547
Other expenses, net													199	1,267	4,384	1,466	13,183
Total expenses													83,587	100,693	227,281	184,280	137,523
Income before income taxes, real estate dispositions and noncontrolling interests													44,841	98,820	120,623	143,661	157,841
Income tax expense													66	(1,004)	(752)	(938)	0
Gain (loss) on real estate dispositions													632	0	2,894	632	(61)
Net income													45,539	97,816	122,765	143,355	157,780
Net income attributable to noncontrolling interests													69	120	22	189	185
Net income attributable to CCP														$ 97,696
Net income attributable to common stockholders													$ 45,470		$ 122,743	$ 143,166	$ 157,595

Accounting Policies - Noncontro

Accounting Policies - Noncontrolling Interests (Details)	Dec. 31, 2016propertyjoint_venture	Dec. 31, 2015
Noncontrolling Interest [Line Items]
Number of joint ventures CCP had controlling interest | joint_venture	1
Joint Venture, One
Noncontrolling Interest [Line Items]
Percentage of noncontrolling interest ownership of joint venture	49.00%	49.00%
Skilled Nursing Facilities
Noncontrolling Interest [Line Items]
Number of properties under Lease Agreement | property	1

Accounting Policies - Net Real

Accounting Policies - Net Real Estate Property (Details)	12 Months Ended
	Dec. 31, 2016
Building
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	35 years

Accounting Policies - Net Inves

Accounting Policies - Net Investment in Direct Financing Lease (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)property	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Capital Leased Assets [Line Items]
Income from investments in direct financing leases	$ 2.5	$ 2.4	$ 2.4
Future minimum lease payments due, 2017	2.1
Future minimum lease payments due, 2018	2.2
Future minimum lease payments due, 2019	2.2
Future minimum lease payments due, 2020	2.3
Future minimum lease payments due, 2021	26.8
Future minimum lease payments due, thereafter	$ 0
Skilled Nursing Facilities
Capital Leased Assets [Line Items]
Number of properties under Lease Agreement | property	1

Acquisitions of Real Estate P49

Acquisitions of Real Estate Property (Details)

Dec. 31, 2015USD ($)

Sep. 01, 2015USD ($)property

Aug. 14, 2015USD ($)shares

Dec. 31, 2016USD ($)propertyjoint_venture

Feb. 29, 2016USD ($)shares

Jan. 31, 2015USD ($)property

Dec. 31, 2015USD ($)

Aug. 17, 2015USD ($)

Dec. 31, 2016USD ($)joint_venture

Dec. 31, 2015USD ($)property

Dec. 31, 2014USD ($)

May 31, 2016USD ($)

Sep. 30, 2015USD ($)

Business Acquisition [Line Items]

Number of joint ventures CCP had controlling interest | joint_venture

1

1

Number of real estate agreements modified | property

12

Decrease of rent revenue

$ 5,700,000

Deal costs

$ 2,421,000

$ 3,933,000

$ 3,086,000

6,354,000

$ 1,547,000

Revenue

2,200,000

Net income

$ (100,000)

Former Joint Venture

Business Acquisition [Line Items]

Business combination, consideration transferred

$ 3,100,000

Percentage of noncontrolling interest ownership of joint venture

6.82%

6.82%

6.82%

Other loans receivable, net | Senior Care Centers, LLC

Business Acquisition [Line Items]

Amount of loan receivable issued

$ 20,000,000

Term of loan receivable

5 years

Skilled Nursing Facilities

Business Acquisition [Line Items]

Amount of loan receivable issued

$ 4,500,000

$ 25,000,000

Term of loan receivable

18 months

Skilled Nursing Facilities | Ventas, Inc.

Business Acquisition [Line Items]

Number of real estate properties acquired | property

12

Business combination, consideration transferred

$ 234,900,000

Business Acquisitions 2016

Business Acquisition [Line Items]

Business combination, consideration transferred

$ 36,000,000

Aggregate revenues

200,000

Business Acquisitions 2016 | Skilled Nursing Facilities

Business Acquisition [Line Items]

Number of real estate properties acquired | property

4

Business Acquisitions 2016 | Assisted Living Facilities

Business Acquisition [Line Items]

Number of real estate properties acquired | property

1

Business Acquisitions 2016 | Campus

Business Acquisition [Line Items]

Number of real estate properties acquired | property

1

Business Acquisitions 2016 | SNF - Campus

Business Acquisition [Line Items]

Number of real estate properties acquired | property

1

Business Acquisitions 2016 | Senior Housing Community - Campus

Business Acquisition [Line Items]

Number of real estate properties acquired | property

1

September 2015 Acquisition

Business Acquisition [Line Items]

Number of real estate properties acquired | property

8

Business combination, consideration transferred

$ 190,000,000

Total transaction value

$ 210,000,000

September 2015 Acquisition | Skilled Nursing Facilities

Business Acquisition [Line Items]

Number of real estate properties acquired | property

7

September 2015 Acquisition | Skilled Nursing and Assisted Living Facilities

Business Acquisition [Line Items]

Number of real estate properties acquired | property

1

American Realty Capital Healthcare Trust | Skilled Nursing Facilities

Business Acquisition [Line Items]

Number of real estate properties acquired | property

14

American Realty Capital Healthcare Trust | Specialty Hospital

Business Acquisition [Line Items]

Number of real estate properties acquired | property

2

American Realty Capital Healthcare Trust | Seniors Housing Communities

Business Acquisition [Line Items]

Number of real estate properties acquired | property

4

Business Acquisitions 2015

Business Acquisition [Line Items]

Aggregate revenues

$ 34,800,000

Acquisitions Completed in 2015

Business Acquisition [Line Items]

Deal costs

300,000

$ 5,900,000

Acquisitions Completed in 2016

Business Acquisition [Line Items]

Deal costs

$ 100,000

Specialty Healthcare and Seniors Housing Valuation Firm | Common Stock Par Value

Business Acquisition [Line Items]

Acquisition completed for exchange of CCP shares (in shares) | shares

339,602

56,377

Duration of days prior to the six-month anniversary of the closing

30 days

Duration of the time after the closing of acquisition

6 months

Value of shares issued

$ 11,500,000

$ 1,400,000

Acquisitions of Real Estate P50

Acquisitions of Real Estate Property - Estimated Fair Value (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill	$ 145,374	$ 123,884	$ 88,959
Business Acquisitions 2016
Business Acquisition [Line Items]
Land and improvements		2,240
Buildings and improvements		31,640
Acquired lease intangibles		2,120
Total assets acquired		36,000
Tenant deposits		765
Total liabilities assumed		765
Net assets acquired		$ 35,235
Business Acquisitions 2015
Business Acquisition [Line Items]
Land and improvements	38,361
Buildings and improvements	515,620
Acquired lease intangibles	14,138
Goodwill	56,275
Other assets	8,034
Total assets acquired	632,428
Tenant deposits	8,801
Lease intangible liabilities	3,729
Accounts payable and other liabilities	1,343
Total liabilities assumed	13,873
Net assets acquired	618,555
Goodwill period increase (decrease)	$ (1,800)

Acquisitions of Real Estate P51

Acquisitions of Real Estate Property - Unaudited Pro Forma (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Completed Acquisition in 2016
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenues	$ 350,774	$ 331,001
Net income attributable to CCP	$ 123,781	$ 144,393
Net income attributable to CCP, per basic share (in dollars per share)	$ 1,480	$ 1,730
Net income attributable to CCP, per diluted share (in dollars per share)	$ 1,480	$ 1,730
Completed Acquisition in 2015
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenues		$ 345,015	$ 348,906
Net income attributable to CCP		$ 148,392	$ 180,152
Net income attributable to CCP, per basic share (in dollars per share)		$ 1,780	$ 2,160
Net income attributable to CCP, per diluted share (in dollars per share)		$ 1,770	$ 2,150

Assets Held For Sale and Disp52

Assets Held For Sale and Dispositions of Real Estate Property (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)property	Dec. 31, 2015USD ($)property
Activity of Property Classified as Held for Sale [Roll Forward]
Beginning balance | property	10	4
Properties sold | property	(18)	(6)
Properties added | property	38	12
Ending balance | property	30	10
Activity of Property Classified as Held for Sale, Net Book Value [Roll Forward]
Beginning, net book value | $	$ 13,132	$ 4,184
Properties sold | $	190,945	9,337
Properties added | $	244,684	18,285
Ending, net book value | $	$ 66,871	$ 13,132

Assets Held For Sale and Disp53

Assets Held For Sale and Dispositions of Real Estate Property - Narrative (Details)	1 Months Ended		12 Months Ended
	May 31, 2016USD ($)property	Feb. 29, 2016USD ($)property	Dec. 31, 2016USD ($)property	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)property
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties classified as held for sale | property			30	10	4
Impairment charge on reclassified assets			$ 18,000,000	$ 18,200,000	$ 8,800,000
Proceeds from real estate disposals			94,400,000	6,020,000	$ 975,000
Skilled Nursing Facilities
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment charge on reclassified assets			$ 4,700,000	$ 13,300,000
Number of real estate properties sold | property	7		10	6
Proceeds from real estate disposals	$ 95,100,000		$ 28,800,000	$ 6,000,000
Gain (loss) on disposition of assets	800,000		$ 2,100,000	$ 600,000
Amount of loan receivable issued	$ 25,000,000	$ 4,500,000
Number of real estate property sold to existing operator | property		1
Term of loan receivable		18 months
Number of properties impairment was recognized | property			2	3
Specialty Hospital
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of real estate properties sold | property			1
WEST VIRGINIA | Skilled Nursing Facilities
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposition of assets			$ (3,600,000)
Number of properties damaged | property			1

Triple-Net Lease Arrangements54

Triple-Net Lease Arrangements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Leases [Abstract]
Straight-line rent receivables, net	$ 657	$ 579
Allowance for straight-line rent receivable	(97,100)	(87,400)
Provision for doubtful accounts, straight-line rent	$ 19,100	$ 25,800	$ 21,400

Triple-Net Lease Arrangements -

Triple-Net Lease Arrangements - Minimum Rents (Details) $ in Thousands	Dec. 31, 2016USD ($)
Future contracted minimum rentals leases
2,017	$ 300,417
2,018	302,268
2,019	304,272
2,020	284,827
2,021	261,946
Thereafter	1,388,074
Total	$ 2,841,804

Loans Receivable, Net (Details)

Loans Receivable, Net (Details)	Sep. 01, 2015	May 31, 2016USD ($)property	Feb. 29, 2016USD ($)	Dec. 31, 2016USD ($)loanproperty	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)	Sep. 30, 2015USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured and unsecured loans receivable, net, Carrying Value				$ 62,264,000	$ 29,727,000
Secured and unsecured loans receivable, net, Fair Value				$ 61,034,000	$ 28,682,000
Number of secured loans receivable net | loan				2
Skilled Nursing Facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of loan receivable issued		$ 25,000,000	$ 4,500,000
Term of loan receivable			18 months
Number of real estate properties sold | property		7		10	6
Mortgage loans receivable, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured and unsecured loans receivable, net, Carrying Value				$ 9,313,000	$ 5,255,000
Secured and unsecured loans receivable, net, Fair Value				8,746,000	4,494,000
Other loans receivable, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured and unsecured loans receivable, net, Carrying Value				52,951,000	24,472,000
Secured and unsecured loans receivable, net, Fair Value				52,288,000	24,188,000
Secured Loan Receivable Matures 2018 | Skilled Nursing Facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured and unsecured loans receivable, net, Carrying Value				$ 5,300,000
Number of loans | loan				1
Amount of loan receivable issued				$ 5,600,000
Number of facilities used to secure loan | property				1
Stated interest rate				9.75%
Interest income				$ 500,000	500,000	$ 500,000
Secured Loan Receivable Matures 2017 | Skilled Nursing Facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Secured and unsecured loans receivable, net, Carrying Value				$ 4,500,000
Number of facilities used to secure loan | property				1
Stated interest rate				10.00%
Mezzanine Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of loan receivable issued				$ 25,000,000
Interest income				$ 1,500,000
Term of loan receivable				4 years
Number of real estate properties sold | property				7
Loans receivable, fixed interest rate				$ 0.1
Senior Care Centers, LLC | Other loans receivable, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of loan receivable issued							$ 20,000,000
Interest income				1,000,000	400,000
Term of loan receivable	5 years
Loan receivable				15,000,000
Senior Care Centers, LLC | Other loans receivable, net | LIBOR
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest rate spread of LIBOR							5.00%
Signature HealthCARE LLC | Other loans receivable, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of loan receivable issued				$ 1,000,000
Term of loan receivable				4 years
Loans receivable, fixed interest rate				$ 0.08
Signature HealthCARE LLC | Other loans receivable, net | Skilled Nursing Facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest income				$ 100,000	0
Number of real estate properties sold | property				18
Various Operators | Other loans receivable, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans | loan				8
Interest income				$ 700,000	$ 400,000	$ 300,000
Loan receivable				11,900,000
Minimum | Various Operators
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, fixed interest rate				0.05
Maximum | Various Operators
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, fixed interest rate				$ 0.113

Intangibles and Goodwill - Inta

Intangibles and Goodwill - Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Remaining Weighted Average Amortization Period in Years	11 years 6 months	12 years 3 months 18 days
Intangible assets:
Accumulated amortization	$ (44,511)	$ (45,390)
Goodwill	123,884	145,374	$ 88,959
Net intangible assets	174,754	204,803
Intangible liabilities:
Below market lease intangibles	167,789	194,141
Accumulated amortization	(72,060)	(75,052)
Purchase option intangibles	5,546	9,352
Net intangible liabilities	$ 103,182	$ 130,348
Below market leases, remaining weighted average amortization period	15 years	14 years 10 months 24 days
Finite-lived intangible liabilities, remaining weighted average amortization period	15 years 8 months 12 days	15 years 6 months
Intangibles
Net amortization expense	$ 4,800	$ 5,900	$ 8,300
Estimated net amortization of the intangibles during 2017	4,000
Estimated net amortization of the intangibles during 2018	4,000
Estimated net amortization of the intangibles during 2019	4,400
Estimated net amortization of the intangibles during 2020	4,200
Estimated net amortization of the intangibles during 2021	2,700
Above market ground lease intangibles
Intangible liabilities:
Above market ground lease intangibles	$ 1,907	$ 1,907
Above market ground leases, remaining weighted average amortization period	51 years 10 months 24 days	52 years 10 months 24 days
Above market lease intangibles
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 56,570	$ 64,516
Remaining Weighted Average Amortization Period in Years	11 years 1 month 6 days	11 years 4 months 24 days
In-place lease intangibles
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 35,861	$ 37,353
Remaining Weighted Average Amortization Period in Years	12 years 9 months 18 days	13 years 4 months 24 days
Tradename, technology and customer relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 2,950	$ 2,950
Remaining Weighted Average Amortization Period in Years	3 years 6 months	4 years 6 months

Intangibles and Goodwill - Narr

Intangibles and Goodwill - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Increase in lease revenues	$ 7,300
Increase in depreciation and amortization	700
Impairment of goodwill	$ 3,636

Intangibles and Goodwill - Sche

Intangibles and Goodwill - Schedule of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 145,374	$ 88,959
Additions		56,992
Disposals	(17,854)	(577)
Impairment	(3,636)
Goodwill, ending balance	$ 123,884	$ 145,374

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Straight-line rent receivables, net	$ 657	$ 579
Deferred lease costs, net	5,471	6,895
Assets held for sale	70,103	15,035
Derivative fair value asset	10,476	0
Other, net	18,425	15,534
Total other assets	$ 105,132	$ 38,043

Borrowing Arrangements (Summary

Borrowing Arrangements (Summary of Long Term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Debt amount	$ 1,433,000	$ 1,543,000
Unamortized debt issuance costs	18,466	18,137
Total term loans, senior notes and other debt	1,414,534	1,524,863
Unsecured revolving credit facility
Debt Instrument [Line Items]
Debt amount	24,000	143,000
Unsecured term loan due 2017
Debt Instrument [Line Items]
Debt amount	0	600,000
Secured term loan due 2019
Debt Instrument [Line Items]
Debt amount	135,000	0
Unsecured term loan due 2020
Debt Instrument [Line Items]
Debt amount	474,000	800,000
Unsecured term loan due 2023
Debt Instrument [Line Items]
Debt amount	200,000	0
5.125% senior notes due 2026
Debt Instrument [Line Items]
Debt amount	$ 500,000	0
Interest rate	512.54%
5.38% senior notes due 2027
Debt Instrument [Line Items]
Debt amount	$ 100,000	$ 0
Interest rate	538.00%

Borrowing Arrangements (Narrati

Borrowing Arrangements (Narrative) (Details)	Aug. 17, 2015USD ($)renewal_option	Jul. 31, 2016USD ($)	May 31, 2016USD ($)	Jan. 31, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Term Loans and Other Debt
Proceeds from issuance of debt					$ 935,000,000	$ 1,400,000,000	$ 0
Loss on extinguishment of debt					(5,461,000)	0	$ 0
Debt amount					1,433,000,000	1,543,000,000
Notes Due 2026
Term Loans and Other Debt
Proceeds from issuance of debt		$ 500,000,000
Stated interest rate		5.125%
Redemption price of principal amount		100.00%
Interest expense					11,800,000
Term Loan Due 2017
Term Loans and Other Debt
Face amount of debt	$ 600,000,000
Term Loan Due 2020
Term Loans and Other Debt
Face amount of debt	800,000,000
Senior Notes due 2027
Term Loans and Other Debt
Proceeds from issuance of debt			$ 100,000,000
Stated interest rate			5.38%
Interest expense					$ 3,300,000
Interest rate					538.00%
Debt amount					$ 100,000,000	0
Unsecured term loan due 2023
Term Loans and Other Debt
Face amount of debt				$ 200,000,000
Interest expense					4,300,000
LIBOR spread, percentage				1.80%
Debt amount					200,000,000	$ 0
Swap Agreement
Term Loans and Other Debt
Face amount of debt				$ 600,000,000
Unsecured term loan | Original Term Loan
Term Loans and Other Debt
Interest expense					$ 10,400,000
Interest rate					1.50%
Revolving Credit Facility
Term Loans and Other Debt
Credit Facility, maximum amount of borrowing	$ 600,000,000
Interest expense					$ 20,200,000
Term of debt instrument	4 years
Number of additional six-month periods | renewal_option	2
Duration of extension period	6 months
Loss on extinguishment of debt					$ 5,500,000
Credit agreement, accordion feature borrowing capacity	$ 500,000,000
Interest rate					1.30%
Available capacity of unused borrowings					$ 576,000,000
Minimum | Swap Agreement
Term Loans and Other Debt
Term of debt instrument				4 years 7 months 6 days
Maximum | Swap Agreement
Term Loans and Other Debt
Term of debt instrument				7 years
Subsidiaries | Secured Debt | Term Loan Due July 2019
Term Loans and Other Debt
Face amount of debt		$ 135,000,000
Interest expense					$ 1,400,000
LIBOR | Subsidiaries | Secured Debt | Term Loan Due July 2019
Term Loans and Other Debt
LIBOR interest period		1 month
LIBOR spread, percentage		1.80%

Borrowing Arrangements (Maturit

Borrowing Arrangements (Maturities) (Details) $ in Thousands	Aug. 17, 2015renewal_option	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2,016		$ 0
2,017		0
2,018		0
2,019		159,000
2,020		474,000
Thereafter		800,000
Total Maturities		1,433,000	$ 1,543,000
Term Loans and Senior Notes
Long-term Debt, Fiscal Year Maturity [Abstract]
2,016		0
2,017		0
2,018		0
2,019		135,000
2,020		474,000
Thereafter		800,000
Total Maturities		1,409,000
Revolver
Long-term Debt, Fiscal Year Maturity [Abstract]
2,016		0
2,017		0
2,018		0
2,019		24,000
2,020		0
Thereafter		0
Total Maturities		24,000	$ 143,000
Cash		15,800
Debt outstanding excluding cash held		$ 8,200
Revolving Credit Facility
Long-term Debt, Fiscal Year Maturity [Abstract]
Number of additional six-month periods | renewal_option	2
Duration of extension period	6 months

Derivatives and Hedging Activ64

Derivatives and Hedging Activities (Details) $ in Thousands	4 Months Ended	8 Months Ended	12 Months Ended
	Dec. 31, 2015USD ($)	Aug. 17, 2015USD ($)	Dec. 31, 2016USD ($)derivative	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Derivative [Line Items]
Interest expense	$ 12,325	$ 22	$ 50,168	$ 12,347	$ 0
Number of interest rate derivatives held | derivative			8
Effective derivatives			100.00%
Derivatives Designated as Hedging Instruments
Derivative [Line Items]
Derivative, notional amount			$ 600,000
Interest expense
Derivative [Line Items]
Derivative instruments, loss reclassified from accumulated OCI into income, effective portion			2,000
Derivative
Derivative [Line Items]
Interest expense			$ 4,600

Derivatives and Hedging Activ65

Derivatives and Hedging Activities (Balance Sheet Location) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Asset Derivative	$ 10,476	$ 0
Interest rate contracts | Derivatives Designated as Hedging Instruments | Other assets
Derivatives, Fair Value [Line Items]
Asset Derivative	10,476
Cash Flow Hedging | Interest expense | Interest rate contracts
Derivatives, Fair Value [Line Items]
Amount of Gain Recognized in AOCI on Derivative (Effective Portion)	5,862
Amount of Loss Reclassified from AOCI into Income (Effective Portion)	$ (4,614)

Derivatives and Hedging Activ66

Derivatives and Hedging Activities (Financial Instrument Asset) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Derivative	$ 10,476	$ 0
Fair Value, Measurements, Recurring | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Derivative	10,476
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Derivative	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Derivative	10,476
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Derivative	$ 0

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	4 Months Ended	8 Months Ended	12 Months Ended
	Dec. 31, 2015USD ($)	Aug. 17, 2015USD ($)	Dec. 31, 2016USD ($)subsidiary	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Income Tax Disclosure [Abstract]
Number of subsidiaries treated as taxable REIT | subsidiary			1
Income tax expense (benefit)	$ (66,000)	$ 1,004,000	$ 752,000	$ 938,000	$ 0
REIT distribution requirement, percentage			90.00%
Federal taxes paid			$ 0
Deferred tax liabilities	1,889,000		1,852,000	1,889,000
Deferred tax assets, net					$ 0
Deferred tax liabilities attributable to REIT	$ 607,000,000		530,000,000	$ 607,000,000
Liability for uncertain tax positions			$ 0

Income Taxes - Tax Treatment of

Income Taxes - Tax Treatment of Distributions and Consolidated Benefit for Income Taxes (Details)	12 Months Ended
	Dec. 31, 2016$ / shares
Tax treatment of distributions:
Ordinary income	$ 2.092733
Qualified ordinary income	0
Long-term capital gain	0
Unrecaptured Section 1250 gain	0.115752
Return of capital	0
Distribution reported for 1099-DIV purposes	$ 2.208485

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	4 Months Ended	8 Months Ended	12 Months Ended
	Dec. 31, 2015	Aug. 17, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current:
Federal			$ (303)	$ (91)	$ 0
State			(484)	(213)	0
Total current			(787)	(304)	0
Deferred:
Federal			347	114	0
State			(312)	(748)	0
Total deferred			35	(634)	0
Total income tax (provision)	$ 66	$ (1,004)	$ (752)	$ (938)	$ 0

Income Taxes - Income Tax Recon

Income Taxes - Income Tax Reconciliation (Details) - USD ($) $ in Thousands	4 Months Ended	8 Months Ended	12 Months Ended
	Dec. 31, 2015	Aug. 17, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Provision for income taxes at statutory rate			$ (43,222)	$ (49,528)	$ 0
Tax at statutory rate on earnings not subject to federal income taxes			43,175	49,561	0
Income for which no book expense was recognized			0	0	0
Expense for which no federal tax benefit was recognized			(11)	0	0
State tax (provision) benefit, net of federal			(676)	(960)	0
Impact of rate change			59	0	0
Prior year provision to return adjustments			0	0	0
Other			41	(11)	0
Total income tax (provision)	$ 66	$ (1,004)	$ (752)	$ (938)	$ 0
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Provision for income taxes at statutory rate, percent			35.00%	35.00%	0.00%
Tax at statutory rate on earnings not subject to federal income taxes, percent			(34.96%)	(35.02%)	0.00%
Income for which no book expense was recognized, percent			0.00%	0.00%	0.00%
Valuation allowances, percent			0.01%	0.00%	0.00%
State tax (provision) benefit, net of federal, percent			0.55%	0.68%	0.00%
Impact of rate change, percent			0.05%	0.00%	0.00%
Prior year provision to return adjustments, percent			0.00%	0.00%	0.00%
Other, percent			(0.03%)	0.01%	0.00%
Total income tax (provision), percent			0.62%	0.67%	0.00%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Deferred income	$ (97)	$ (138)
Basis difference on tangible property	(1,019)	(804)
Basis difference on intangible property	(736)	(947)
Total	(1,852)	(1,889)
Valuation adjustment	0	0
Total net deferred tax liability	$ (1,852)	$ (1,889)

Stock-based Compensation - Narr

Stock-based Compensation - Narrative (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)installment$ / sharesshares	Dec. 31, 2015USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of annual installments of vesting shares | installment	3
Incremental compensation cost		$ 1,000
Incremental compensation cost, vested awards		500
Employee service share-based compensation, compensation not yet recognized		2,200
401(k) plan contribution by employer as a percent of employee's salary, first percent	100.00%
401(k) plan contribution by employer as a percent of employee's salary, next percent to 5%	50.00%
Aggregate employer 401(k) plan contribution during the period (less than in 2015)	$ 100	$ 100
2015 Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock was reserved initially for issuance (in shares) | shares	7,000,000
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares	134,416	190,471
Unrecognized compensation cost related to nonvested stock options granted	$ 4,700	$ 7,000
Weighted average period over which cost is recognized (in years)	1 year 6 months	2 years 3 months 18 days
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares) | shares	496,859
Expected dividend yield		6.30%
Expected volatility	25.00%
Unrecognized compensation cost related to nonvested stock options granted	$ 600	$ 700
Weighted average period over which cost is recognized (in years)	1 year 4 months 6 days	1 year 5 months 12 days
Exercisable number of shares (in shares) | shares	988,177	646,158
Exercisable options, weighted average remaining contractual term	6 years 10 months 24 days	7 years 3 months 18 days
Exercisable, weighted average exercise price (USD per share) | $ / shares	$ 31.30
Exercisable options, intrinsic value	$ 10	$ 700
Proceeds from stock options exercised	$ 20
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares	41,626	0
Unrecognized compensation cost related to nonvested stock options granted	$ 600
Weighted average period over which cost is recognized (in years)	2 years 2 months 16 days
Converted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense		$ 1,400
Employees and Directors | Restricted Stock | 2015 Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted, value	$ 6,000	$ 6,500
Minimum | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free rate	1.57%	0.21%
Expected volatility		25.00%
Expected term (years)	5 years 6 months	4 months 24 days
Maximum | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free rate	1.66%	1.31%
Expected volatility		27.00%
Expected term (years)	6 years	3 years 9 months 26 days

Stock-based Compensation - Rest

Stock-based Compensation - Restricted Stock (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Restricted Stock
Number of Restricted Shares
Nonvested at the beginning of the period (in shares)	315,654	0
Converted (in shares)		125,183
Granted (in shares)	134,416	190,471
Vested (in shares)	(106,177)
Forfeited (in shares)	(3,607)
Nonvested at the end of the period (in shares)	340,286	315,654
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Nonvested at the beginning of the period (in dollars per share)	$ 27.26	$ 0
Converted (in dollars per share)		16.98
Granted (in dollars per share)	29.13	34.01
Vested (in dollars per share)	24.71
Forfeited (in dollars per share)	32.32
Nonvested at the end of the period (in dollars per share)	$ 31.30	$ 27.26
Restricted Stock Units (RSUs)
Number of Restricted Shares
Nonvested at the beginning of the period (in shares)	0
Granted (in shares)	41,626	0
Nonvested at the end of the period (in shares)	41,626	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Nonvested at the beginning of the period (in dollars per share)	$ 0
Granted (in dollars per share)	20,200
Nonvested at the end of the period (in dollars per share)	$ 20,200	$ 0

Stock-based Compensation - Stoc

Stock-based Compensation - Stock Option Activity (Details) - Stock Options - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Shares
Outstanding at the beginning of period (in shares)	1,047,501	0
Converted from Ventas options (in shares)		1,047,501
Shares granted (in shares)	496,859
Options exercised (in shares)	(1,023)
Outstanding at the end of period (in shares)	1,543,337	1,047,501
Weighted Average Exercise Price
Outstanding at the beginning of the period (in dollars per share)	$ 32.01	$ 0
Converted from Ventas options (in dollars per share)		32.01
Options granted (in dollars per share)	29.94
Options exercised (in dollars per share)	20.41
Outstanding at the end of the period (in dollars per share)	$ 28.74	$ 32.01

Stock-based Compensation - Assu

Stock-based Compensation - Assumptions (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Performance Based RSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of options/units granted at the target amount (USD per share)	$ 20,200
Expected volatility	23.40%
Risk-free rate	0.85%
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	25.00%
Minimum | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of options/units granted at the target amount (USD per share)	$ 2,550
Expected term (years)	5 years 6 months	4 months 24 days
Expected volatility		25.00%
Risk-free rate	1.57%	0.21%
Maximum | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of options/units granted at the target amount (USD per share)	$ 2,520
Expected term (years)	6 years	3 years 9 months 26 days
Expected volatility		27.00%
Risk-free rate	1.66%	1.31%

Concentration of Risk (Details)

Concentration of Risk (Details) - state	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Concentration Risk [Line Items]
Number of states	36
TEXAS | Revenues or NOI
Concentration Risk [Line Items]
Number of states accounting for more than 10 percent of revenues	1
Senior Care Centers, LLC | Real Estate Properties Total Gross Book Value | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk rate	20.50%
Senior Care Centers, LLC | Revenues
Concentration Risk [Line Items]
Concentration risk rate	16.40%	11.70%	1.50%
Avamere Group, LLC | Real Estate Properties Total Gross Book Value | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk rate	10.90%
Avamere Group, LLC | Revenues
Concentration Risk [Line Items]
Concentration risk rate	10.90%	10.20%	8.80%
Signature HealthCARE LLC | Revenues
Concentration Risk [Line Items]
Concentration risk rate	13.70%	10.10%	7.60%

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	4 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Numerator for basic and diluted earnings per share:
Net income attributable to CCP	$ 45,470	$ 122,743	$ 143,166	$ 157,595
Less: dividends on unvested restricted shares		(736)	(333)	0
Net income attributable to CCP excluding dividends on unvested restricted shares		$ 122,007	$ 142,833	$ 157,595
Denominator:
Denominator for basic earnings per share—weighted average shares (in shares)		83,592	83,488	83,488
Effect of dilutive securities:
Stock options (in shares)		1	45	82
Restricted stock (in shares)		96	74	88
Denominator for diluted earnings per share—adjusted weighted average shares (in shares)		83,689	83,607	83,658
Basic earnings per share:
Net income attributable to CCP (in dollars per share)		$ 1.46	$ 1.71	$ 1.89
Diluted earnings per share:
Net income attributable to CCP (in dollars per share)		$ 1.46	$ 1.71	$ 1.88

Stockholders' Equity (Details)

Stockholders' Equity (Details) $ / shares in Units, $ in Millions	Aug. 14, 2015USD ($)shares	Feb. 29, 2016USD ($)shares	Dec. 31, 2016$ / shares	Dec. 31, 2015$ / shares	Aug. 17, 2015
Business Acquisition [Line Items]
Spin-off common stock conversion					0.25
Dividends paid in cash (in dollars per share) | $ / shares			$ 2.28	$ 1.14
Rate dividend of taxable income			100.00%
Common Stock Par Value | Specialty Healthcare and Seniors Housing Valuation Firm
Business Acquisition [Line Items]
Acquisition completed for exchange of CCP shares (in shares) | shares	339,602	56,377
Duration of days prior to the six-month anniversary of the closing	30 days
Duration of the time after the closing of acquisition	6 months
Value of shares issued | $	$ 11.5	$ 1.4

Summarized Condensed Consolid79

Summarized Condensed Consolidating and Combining Information (Details) - Care Capital LP	Dec. 31, 2016
Condensed Financial Statements, Captions [Line Items]
Ownership percentage	100.00%
CCP
Condensed Financial Statements, Captions [Line Items]
Ownership percentage	99.00%
General Partner | Care Capital Properties GP, LLC
Condensed Financial Statements, Captions [Line Items]
Ownership percentage	1.00%

Quarterly Financial Informati80

Quarterly Financial Information (Unaudited)(Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												4 Months Ended	8 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, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Aug. 17, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 90,408	$ 87,291	$ 85,662	$ 84,543	$ 87,331	$ 82,317	$ 79,720	$ 78,573	$ 70,971	$ 73,278	$ 75,866	$ 75,249	$ 128,428	$ 199,513	$ 347,904	$ 327,941	$ 295,364
Net income attributable to CCP	$ 36,816	$ 19,010	$ 37,151	$ 29,766	$ 31,811	$ 36,151	$ 37,983	$ 37,221	$ 37,421	$ 33,202	$ 45,607	$ 41,365
Basic:
Net income attributable to CCP excluding dividends on unvested restricted shares (in dollars per share)	$ 0.44	$ 0.23	$ 0.44	$ 0.35	$ 0.38	$ 0.43	$ 0.45	$ 0.45	$ 0.45	$ 0.40	$ 0.55	$ 0.50			$ 1.46	$ 1.71	$ 1.89
Diluted:
Net income attributable to CCP excluding dividends on unvested restricted shares (in dollars per share)	0.44	0.23	0.44	0.35	0.38	0.43	$ 0.45	$ 0.44	$ 0.45	$ 0.40	$ 0.55	$ 0.49			$ 1.46	$ 1.71	$ 1.88
Dividends declared per share, dollars per share	$ 0.57	$ 0.57	$ 0.57	$ 0.57	$ 0.57	$ 0.57

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - Subsequent Event $ in Millions	Feb. 28, 2017USD ($)property	Feb. 28, 2017property
Subsequent Event [Line Items]
Number of properties transitioned		11
Number of real estate properties sold	2
Proceeds from sale of real estate | $	$ 27.4

SCHEDULE II_ VALUATION AND QU82

SCHEDULE II: VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	$ (92,080)	$ (61,148)	$ (39,274)
Charged to Earnings	(19,593)	(30,519)	(24,303)
Uncollectible Accounts Written-off	1,296	2,538	1,167
Disposed and Held for Sale Properties	9,673	(2,951)	1,262
Balance at End of Year	(100,704)	(92,080)	(61,148)
Allowance for doubtful accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	(4,678)	(3,147)	(1,467)
Charged to Earnings	(492)	(4,691)	(3,004)
Uncollectible Accounts Written-off	1,296	2,538	1,167
Disposed and Held for Sale Properties	220	622	157
Balance at End of Year	(3,654)	(4,678)	(3,147)
Straight-line rent receivable allowance
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	(87,402)	(58,001)	(37,807)
Charged to Earnings	(19,101)	(25,828)	(21,299)
Uncollectible Accounts Written-off	0	0	0
Disposed and Held for Sale Properties	9,453	(3,573)	1,105
Balance at End of Year	$ (97,050)	$ (87,402)	$ (58,001)

SCHEDULE III REAL ESTATE AND 83

SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION - Rollforward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Carrying cost:
Balance at beginning of period	$ 3,305,096	$ 2,706,625	$ 2,692,498
Additions during period:
Acquisitions	33,880	553,981	13,194
Capital expenditures	41,037	38,592	16,426
Other	0	59,688	0
Deletions during period:
Sales and/or transfers to assets held for sale and impairments	(286,891)	(53,790)	(15,493)
Balance at end of period	3,093,122	3,305,096	2,706,625
Accumulated depreciation:
Balance at beginning of period	659,088	567,353	483,017
Additions during period:
Depreciation expense	102,921	128,138	95,058
Deletions during period:
Sales and/or transfers to assets held for sale	(102,762)	(30,692)	(10,722)
Other	0	(5,711)	0
Balance at end of period	$ 659,247	$ 659,088	$ 567,353

SCHEDULE III REAL ESTATE AND 84

SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION - Properties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	229,435
Buildings and Improvements	2,250,639
Costs Capitalized Subsequent to Acquisition	613,051
Gross Amount Carried at Close of Period
Land and Improvements	262,062
Buildings and Improvements	2,831,060
Total	3,093,122	$ 3,305,096	$ 2,706,625	$ 2,692,498
Accumulated Depreciation	659,247	$ 659,088	$ 567,353	$ 483,017
NBV	2,433,875
SKILLED NURSING FACILITIES
Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land and Improvements	200,725
Buildings and Improvements	1,999,878
Costs Capitalized Subsequent to Acquisition	514,400
Gross Amount Carried at Close of Period
Land and Improvements	229,995
Buildings and Improvements	2,485,005
Total	2,715,000
Accumulated Depreciation	602,390
NBV	2,112,610
SPECIALTY HOSPITALS AND HEALTHCARE ASSETS
Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land and Improvements	12,915
Buildings and Improvements	95,069
Costs Capitalized Subsequent to Acquisition	46,030
Gross Amount Carried at Close of Period
Land and Improvements	13,219
Buildings and Improvements	140,795
Total	154,014
Accumulated Depreciation	26,321
NBV	127,693
SENIORS HOUSING COMMUNITIES AND CAMPUSES
Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land and Improvements	15,795
Buildings and Improvements	155,692
Costs Capitalized Subsequent to Acquisition	52,621
Gross Amount Carried at Close of Period
Land and Improvements	18,848
Buildings and Improvements	205,260
Total	224,108
Accumulated Depreciation	30,536
NBV	193,572
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Whitesburg Gardens
Real Estate and Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land and Improvements	534
Buildings and Improvements	4,216
Costs Capitalized Subsequent to Acquisition	392
Gross Amount Carried at Close of Period
Land and Improvements	534
Buildings and Improvements	4,608
Total	5,142
Accumulated Depreciation	4,386
NBV	$ 756
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0824, Azalea Gardens Of Mobile
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	5
Buildings and Improvements	2,981
Costs Capitalized Subsequent to Acquisition	319
Gross Amount Carried at Close of Period
Land and Improvements	8
Buildings and Improvements	3,297
Total	3,305
Accumulated Depreciation	2,731
NBV	$ 574
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | Phoenix Nursing & Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	7,581
Gross Amount Carried at Close of Period
Land and Improvements	1,040
Buildings and Improvements	6,541
Total	7,581
Accumulated Depreciation	471
NBV	$ 7,110
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Kachina Point Health Care and Rehabilitation Center, 0853
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	364
Buildings and Improvements	4,179
Costs Capitalized Subsequent to Acquisition	197
Gross Amount Carried at Close of Period
Land and Improvements	364
Buildings and Improvements	4,376
Total	4,740
Accumulated Depreciation	3,495
NBV	$ 1,245
Life on Which Depreciation in Income Statement is Computed	45 years
NON-KINDRED | SKILLED NURSING FACILITIES | Villa Campana Health Care Center, 0851
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	533
Buildings and Improvements	2,201
Costs Capitalized Subsequent to Acquisition	395
Gross Amount Carried at Close of Period
Land and Improvements	533
Buildings and Improvements	2,596
Total	3,129
Accumulated Depreciation	1,855
NBV	$ 1,274
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Heartland of Benton
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	650
Buildings and Improvements	13,540
Costs Capitalized Subsequent to Acquisition	647
Gross Amount Carried at Close of Period
Land and Improvements	650
Buildings and Improvements	14,187
Total	14,837
Accumulated Depreciation	2,598
NBV	$ 12,239
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Southern Trace
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	480
Buildings and Improvements	12,455
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	480
Buildings and Improvements	12,455
Total	12,935
Accumulated Depreciation	2,268
NBV	$ 10,667
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Lake Village
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	560
Buildings and Improvements	8,594
Costs Capitalized Subsequent to Acquisition	23
Gross Amount Carried at Close of Period
Land and Improvements	560
Buildings and Improvements	8,617
Total	9,177
Accumulated Depreciation	1,659
NBV	$ 7,518
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Belle View
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	260
Buildings and Improvements	9,542
Costs Capitalized Subsequent to Acquisition	267
Gross Amount Carried at Close of Period
Land and Improvements	260
Buildings and Improvements	9,809
Total	10,069
Accumulated Depreciation	1,775
NBV	$ 8,294
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | River Chase
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	240
Buildings and Improvements	9,476
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	240
Buildings and Improvements	9,476
Total	9,716
Accumulated Depreciation	1,724
NBV	$ 7,992
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Brookridge Cove
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	410
Buildings and Improvements	11,069
Costs Capitalized Subsequent to Acquisition	4
Gross Amount Carried at Close of Period
Land and Improvements	410
Buildings and Improvements	11,073
Total	11,483
Accumulated Depreciation	2,050
NBV	$ 9,433
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | River Ridge
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	290
Buildings and Improvements	10,763
Costs Capitalized Subsequent to Acquisition	1
Gross Amount Carried at Close of Period
Land and Improvements	290
Buildings and Improvements	10,764
Total	11,054
Accumulated Depreciation	1,941
NBV	$ 9,113
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Bay View Nursing and Rehabilitation Center, 0738
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,462
Buildings and Improvements	5,981
Costs Capitalized Subsequent to Acquisition	282
Gross Amount Carried at Close of Period
Land and Improvements	1,462
Buildings and Improvements	6,263
Total	7,725
Accumulated Depreciation	5,360
NBV	$ 2,365
Life on Which Depreciation in Income Statement is Computed	45 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3765, Chowchilla Convalescent Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,780
Buildings and Improvements	5,097
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,780
Buildings and Improvements	5,097
Total	6,877
Accumulated Depreciation	980
NBV	$ 5,897
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7140, Driftwood Gilroy
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	3,330
Buildings and Improvements	13,665
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	3,330
Buildings and Improvements	13,665
Total	16,995
Accumulated Depreciation	2,541
NBV	$ 14,454
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | LaMesa Nursing & Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	4,027
Gross Amount Carried at Close of Period
Land and Improvements	1,374
Buildings and Improvements	2,653
Total	4,027
Accumulated Depreciation	255
NBV	$ 3,772
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7390, Orange Hills Convalescent Hospital
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	960
Buildings and Improvements	20,968
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	960
Buildings and Improvements	20,968
Total	21,928
Accumulated Depreciation	3,686
NBV	$ 18,242
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Tustin Subacute Care Facility
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	6,801
Gross Amount Carried at Close of Period
Land and Improvements	1,912
Buildings and Improvements	4,889
Total	6,801
Accumulated Depreciation	342
NBV	$ 6,459
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0873, Brighton Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	282
Buildings and Improvements	3,377
Costs Capitalized Subsequent to Acquisition	468
Gross Amount Carried at Close of Period
Land and Improvements	282
Buildings and Improvements	3,845
Total	4,127
Accumulated Depreciation	3,127
NBV	$ 1,000
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0859, Malley Healthcare and Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	501
Buildings and Improvements	8,294
Costs Capitalized Subsequent to Acquisition	3,189
Gross Amount Carried at Close of Period
Land and Improvements	501
Buildings and Improvements	11,483
Total	11,984
Accumulated Depreciation	6,803
NBV	$ 5,181
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0568, Parkway Pavilion Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	337
Buildings and Improvements	3,607
Costs Capitalized Subsequent to Acquisition	889
Gross Amount Carried at Close of Period
Land and Improvements	344
Buildings and Improvements	4,489
Total	4,833
Accumulated Depreciation	3,425
NBV	$ 1,408
Life on Which Depreciation in Income Statement is Computed	28 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0563, The Crossings West Campus
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	202
Buildings and Improvements	2,363
Costs Capitalized Subsequent to Acquisition	899
Gross Amount Carried at Close of Period
Land and Improvements	202
Buildings and Improvements	3,262
Total	3,464
Accumulated Depreciation	2,126
NBV	$ 1,338
Life on Which Depreciation in Income Statement is Computed	28 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0567, The Crossings East Campus
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	401
Buildings and Improvements	2,776
Costs Capitalized Subsequent to Acquisition	1,060
Gross Amount Carried at Close of Period
Land and Improvements	410
Buildings and Improvements	3,827
Total	4,237
Accumulated Depreciation	2,710
NBV	$ 1,527
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3779, Beverly Health - Ft. Pierce
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	840
Buildings and Improvements	16,318
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	840
Buildings and Improvements	16,318
Total	17,158
Accumulated Depreciation	3,004
NBV	$ 14,154
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Tower Road
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	241
Buildings and Improvements	2,782
Costs Capitalized Subsequent to Acquisition	1,666
Gross Amount Carried at Close of Period
Land and Improvements	274
Buildings and Improvements	4,415
Total	4,689
Accumulated Depreciation	2,678
NBV	$ 2,011
Life on Which Depreciation in Income Statement is Computed	28 years 6 months
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Savannah
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	213
Buildings and Improvements	2,772
Costs Capitalized Subsequent to Acquisition	1,388
Gross Amount Carried at Close of Period
Land and Improvements	231
Buildings and Improvements	4,142
Total	4,373
Accumulated Depreciation	2,615
NBV	$ 1,758
Life on Which Depreciation in Income Statement is Computed	28 years 6 months
NON-KINDRED | SKILLED NURSING FACILITIES | Abercorn Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	157
Buildings and Improvements	2,219
Costs Capitalized Subsequent to Acquisition	307
Gross Amount Carried at Close of Period
Land and Improvements	191
Buildings and Improvements	2,492
Total	2,683
Accumulated Depreciation	2,293
NBV	$ 390
Life on Which Depreciation in Income Statement is Computed	26 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0216, Boise Health and Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	256
Buildings and Improvements	3,593
Costs Capitalized Subsequent to Acquisition	281
Gross Amount Carried at Close of Period
Land and Improvements	256
Buildings and Improvements	3,874
Total	4,130
Accumulated Depreciation	1,933
NBV	$ 2,197
Life on Which Depreciation in Income Statement is Computed	45 years
NON-KINDRED | SKILLED NURSING FACILITIES | Meadowbrook
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,600
Buildings and Improvements	6,710
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,600
Buildings and Improvements	6,710
Total	8,310
Accumulated Depreciation	1,334
NBV	$ 6,976
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1554, Chalet Village
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	590
Buildings and Improvements	1,654
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	590
Buildings and Improvements	1,654
Total	2,244
Accumulated Depreciation	484
NBV	$ 1,760
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Bluffton
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	7
Buildings and Improvements	787
Costs Capitalized Subsequent to Acquisition	914
Gross Amount Carried at Close of Period
Land and Improvements	37
Buildings and Improvements	1,671
Total	1,708
Accumulated Depreciation	950
NBV	$ 758
Life on Which Depreciation in Income Statement is Computed	22 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Bremen
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	109
Buildings and Improvements	3,354
Costs Capitalized Subsequent to Acquisition	986
Gross Amount Carried at Close of Period
Land and Improvements	171
Buildings and Improvements	4,278
Total	4,449
Accumulated Depreciation	2,641
NBV	$ 1,808
Life on Which Depreciation in Income Statement is Computed	45 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1565, Vermillion Convalescent Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	700
Buildings and Improvements	11,057
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	700
Buildings and Improvements	11,057
Total	11,757
Accumulated Depreciation	2,056
NBV	$ 9,701
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1560, Willow Crossing
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	880
Buildings and Improvements	4,963
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	880
Buildings and Improvements	4,963
Total	5,843
Accumulated Depreciation	1,037
NBV	$ 4,806
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1567, Greenhill Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	380
Buildings and Improvements	7,659
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	380
Buildings and Improvements	7,659
Total	8,039
Accumulated Depreciation	1,391
NBV	$ 6,648
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1556, Twin City Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	350
Buildings and Improvements	3,012
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	350
Buildings and Improvements	3,012
Total	3,362
Accumulated Depreciation	661
NBV	$ 2,701
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1566, Hanover
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,070
Buildings and Improvements	3,903
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,070
Buildings and Improvements	3,903
Total	4,973
Accumulated Depreciation	974
NBV	$ 3,999
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Bridgewater Center for Health & Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	470
Buildings and Improvements	1,855
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	470
Buildings and Improvements	1,855
Total	2,325
Accumulated Depreciation	510
NBV	$ 1,815
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1562, Oakbrook Village
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	600
Buildings and Improvements	1,950
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	600
Buildings and Improvements	1,950
Total	2,550
Accumulated Depreciation	463
NBV	$ 2,087
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1552, Lakeview Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,780
Buildings and Improvements	7,927
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	2,780
Buildings and Improvements	7,927
Total	10,707
Accumulated Depreciation	1,727
NBV	$ 8,980
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1569, Wintersong
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	420
Buildings and Improvements	2,019
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	420
Buildings and Improvements	2,019
Total	2,439
Accumulated Depreciation	446
NBV	$ 1,993
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Woodland Hills Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	340
Buildings and Improvements	3,757
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	340
Buildings and Improvements	3,757
Total	4,097
Accumulated Depreciation	873
NBV	$ 3,224
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Parkwood
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	121
Buildings and Improvements	4,512
Costs Capitalized Subsequent to Acquisition	1,338
Gross Amount Carried at Close of Period
Land and Improvements	150
Buildings and Improvements	5,821
Total	5,971
Accumulated Depreciation	4,757
NBV	$ 1,214
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | Whispering Pines
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	460
Buildings and Improvements	8,461
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	460
Buildings and Improvements	8,461
Total	8,921
Accumulated Depreciation	1,553
NBV	$ 7,368
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Muncie
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	108
Buildings and Improvements	4,202
Costs Capitalized Subsequent to Acquisition	1,263
Gross Amount Carried at Close of Period
Land and Improvements	170
Buildings and Improvements	5,403
Total	5,573
Accumulated Depreciation	4,498
NBV	$ 1,075
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | Willow Bend Living Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,080
Buildings and Improvements	4,026
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,080
Buildings and Improvements	4,026
Total	5,106
Accumulated Depreciation	809
NBV	$ 4,297
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1557, Liberty Village
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,520
Buildings and Improvements	7,542
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,520
Buildings and Improvements	7,542
Total	9,062
Accumulated Depreciation	1,437
NBV	$ 7,625
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3767, Petersburg Health Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	310
Buildings and Improvements	8,443
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	310
Buildings and Improvements	8,443
Total	8,753
Accumulated Depreciation	1,584
NBV	$ 7,169
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Persimmon Ridge Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	400
Buildings and Improvements	9,597
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	400
Buildings and Improvements	9,597
Total	9,997
Accumulated Depreciation	1,799
NBV	$ 8,198
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3766, Oakridge Convalescent Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	640
Buildings and Improvements	11,128
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	640
Buildings and Improvements	11,128
Total	11,768
Accumulated Depreciation	2,098
NBV	$ 9,670
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Terre Haute
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	418
Buildings and Improvements	5,779
Costs Capitalized Subsequent to Acquisition	1,266
Gross Amount Carried at Close of Period
Land and Improvements	473
Buildings and Improvements	6,990
Total	7,463
Accumulated Depreciation	3,504
NBV	$ 3,959
Life on Which Depreciation in Income Statement is Computed	45 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1553, Westridge Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	690
Buildings and Improvements	5,384
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	690
Buildings and Improvements	5,384
Total	6,074
Accumulated Depreciation	1,044
NBV	$ 5,030
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Washington Nursing Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	220
Buildings and Improvements	10,054
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	220
Buildings and Improvements	10,054
Total	10,274
Accumulated Depreciation	1,913
NBV	$ 8,361
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Pine Knoll Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	730
Buildings and Improvements	6,039
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	730
Buildings and Improvements	6,039
Total	6,769
Accumulated Depreciation	1,119
NBV	$ 5,650
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7343, Belleville Health Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	590
Buildings and Improvements	4,170
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	590
Buildings and Improvements	4,170
Total	4,760
Accumulated Depreciation	857
NBV	$ 3,903
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7350, Smokey Hill Rehab Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	360
Buildings and Improvements	3,705
Costs Capitalized Subsequent to Acquisition	181
Gross Amount Carried at Close of Period
Land and Improvements	376
Buildings and Improvements	3,870
Total	4,246
Accumulated Depreciation	896
NBV	$ 3,350
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Tanglewood
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	250
Buildings and Improvements	3,735
Costs Capitalized Subsequent to Acquisition	381
Gross Amount Carried at Close of Period
Land and Improvements	250
Buildings and Improvements	4,116
Total	4,366
Accumulated Depreciation	823
NBV	$ 3,543
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Jackson Manor Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	131
Buildings and Improvements	4,442
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	131
Buildings and Improvements	4,442
Total	4,573
Accumulated Depreciation	1,290
NBV	$ 3,283
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Colonial Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	38
Buildings and Improvements	2,829
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	38
Buildings and Improvements	2,829
Total	2,867
Accumulated Depreciation	822
NBV	$ 2,045
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Bowling Green
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	248
Buildings and Improvements	5,371
Costs Capitalized Subsequent to Acquisition	1,589
Gross Amount Carried at Close of Period
Land and Improvements	286
Buildings and Improvements	6,922
Total	7,208
Accumulated Depreciation	5,132
NBV	$ 2,076
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | Riverside Rehabilitation and Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	103
Buildings and Improvements	2,119
Costs Capitalized Subsequent to Acquisition	535
Gross Amount Carried at Close of Period
Land and Improvements	103
Buildings and Improvements	2,654
Total	2,757
Accumulated Depreciation	2,043
NBV	$ 714
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | West Oaks Rehabilitation and Healthcare Center - Austin
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	13,821
Gross Amount Carried at Close of Period
Land and Improvements	891
Buildings and Improvements	12,930
Total	13,821
Accumulated Depreciation	830
NBV	$ 12,991
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Bandera Rehabilitation and Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	6,118
Gross Amount Carried at Close of Period
Land and Improvements	742
Buildings and Improvements	5,376
Total	6,118
Accumulated Depreciation	348
NBV	$ 5,770
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0278, Oakview Nursing and Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	124
Buildings and Improvements	2,882
Costs Capitalized Subsequent to Acquisition	1,217
Gross Amount Carried at Close of Period
Land and Improvements	124
Buildings and Improvements	4,099
Total	4,223
Accumulated Depreciation	2,966
NBV	$ 1,257
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Carrollton Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	29
Buildings and Improvements	2,325
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	29
Buildings and Improvements	2,325
Total	2,354
Accumulated Depreciation	675
NBV	$ 1,679
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Summit Manor Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	38
Buildings and Improvements	12,510
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	38
Buildings and Improvements	12,510
Total	12,548
Accumulated Depreciation	3,634
NBV	$ 8,914
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Danville Centre for Health and Rehabilitation, 0782
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	322
Buildings and Improvements	3,538
Costs Capitalized Subsequent to Acquisition	1,908
Gross Amount Carried at Close of Period
Land and Improvements	338
Buildings and Improvements	5,430
Total	5,768
Accumulated Depreciation	3,109
NBV	$ 2,659
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Elizabethtown
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	216
Buildings and Improvements	1,795
Costs Capitalized Subsequent to Acquisition	395
Gross Amount Carried at Close of Period
Land and Improvements	216
Buildings and Improvements	2,190
Total	2,406
Accumulated Depreciation	2,055
NBV	$ 351
Life on Which Depreciation in Income Statement is Computed	26 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Glasgow Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	21
Buildings and Improvements	2,997
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	21
Buildings and Improvements	2,997
Total	3,018
Accumulated Depreciation	871
NBV	$ 2,147
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Harrodsburg Health & Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	137
Buildings and Improvements	1,830
Costs Capitalized Subsequent to Acquisition	1,603
Gross Amount Carried at Close of Period
Land and Improvements	208
Buildings and Improvements	3,362
Total	3,570
Accumulated Depreciation	2,053
NBV	$ 1,517
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Hartford Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	22
Buildings and Improvements	7,905
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	22
Buildings and Improvements	7,905
Total	7,927
Accumulated Depreciation	2,296
NBV	$ 5,631
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Hart County Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	68
Buildings and Improvements	6,059
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	68
Buildings and Improvements	6,059
Total	6,127
Accumulated Depreciation	1,760
NBV	$ 4,367
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Heritage Hall Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	38
Buildings and Improvements	3,920
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	38
Buildings and Improvements	3,920
Total	3,958
Accumulated Depreciation	1,139
NBV	$ 2,819
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Tanbark Rehab & Welllness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	868
Buildings and Improvements	6,061
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	868
Buildings and Improvements	6,061
Total	6,929
Accumulated Depreciation	1,760
NBV	$ 5,169
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Jefferson Manor Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,169
Buildings and Improvements	4,075
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	2,169
Buildings and Improvements	4,075
Total	6,244
Accumulated Depreciation	1,184
NBV	$ 5,060
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Jefferson Place Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,307
Buildings and Improvements	9,175
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,307
Buildings and Improvements	9,175
Total	10,482
Accumulated Depreciation	2,665
NBV	$ 7,817
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Rockford Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	364
Buildings and Improvements	9,568
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	364
Buildings and Improvements	9,568
Total	9,932
Accumulated Depreciation	2,779
NBV	$ 7,153
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Summerfield Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,089
Buildings and Improvements	10,756
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,089
Buildings and Improvements	10,756
Total	11,845
Accumulated Depreciation	3,124
NBV	$ 8,721
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at Hillcrest
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	544
Buildings and Improvements	2,619
Costs Capitalized Subsequent to Acquisition	1,267
Gross Amount Carried at Close of Period
Land and Improvements	565
Buildings and Improvements	3,865
Total	4,430
Accumulated Depreciation	3,081
NBV	$ 1,349
Life on Which Depreciation in Income Statement is Computed	22 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of McCreary County Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	73
Buildings and Improvements	2,443
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	73
Buildings and Improvements	2,443
Total	2,516
Accumulated Depreciation	709
NBV	$ 1,807
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE at North Hardin Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	218
Buildings and Improvements	11,944
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	218
Buildings and Improvements	11,944
Total	12,162
Accumulated Depreciation	3,469
NBV	$ 8,693
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Monroe County Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	32
Buildings and Improvements	8,756
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	32
Buildings and Improvements	8,756
Total	8,788
Accumulated Depreciation	2,544
NBV	$ 6,244
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Fountain Circle Health and Rehabilitation, 0280
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	137
Buildings and Improvements	6,120
Costs Capitalized Subsequent to Acquisition	1,518
Gross Amount Carried at Close of Period
Land and Improvements	181
Buildings and Improvements	7,594
Total	7,775
Accumulated Depreciation	5,950
NBV	$ 1,825
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | Pilgrim Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	28,594
Gross Amount Carried at Close of Period
Land and Improvements	990
Buildings and Improvements	27,604
Total	28,594
Accumulated Depreciation	1,515
NBV	$ 27,079
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | The Bradford
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	24,511
Gross Amount Carried at Close of Period
Land and Improvements	1,792
Buildings and Improvements	22,719
Total	24,511
Accumulated Depreciation	1,337
NBV	$ 23,174
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | The Guest House Shreveport
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	22,760
Gross Amount Carried at Close of Period
Land and Improvements	1,421
Buildings and Improvements	21,339
Total	22,760
Accumulated Depreciation	1,348
NBV	$ 21,412
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Alpine, Ruston
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	28,418
Gross Amount Carried at Close of Period
Land and Improvements	1,400
Buildings and Improvements	27,018
Total	28,418
Accumulated Depreciation	1,658
NBV	$ 26,760
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Colonial Oaks, Bossier City
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	22,177
Gross Amount Carried at Close of Period
Land and Improvements	654
Buildings and Improvements	21,523
Total	22,177
Accumulated Depreciation	1,184
NBV	$ 20,993
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Shreveport Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	14,398
Gross Amount Carried at Close of Period
Land and Improvements	516
Buildings and Improvements	13,882
Total	14,398
Accumulated Depreciation	904
NBV	$ 13,494
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Booker T Washington
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	10,022
Gross Amount Carried at Close of Period
Land and Improvements	1,133
Buildings and Improvements	8,889
Total	10,022
Accumulated Depreciation	626
NBV	$ 9,396
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0544, Augusta Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	152
Buildings and Improvements	1,074
Costs Capitalized Subsequent to Acquisition	146
Gross Amount Carried at Close of Period
Land and Improvements	152
Buildings and Improvements	1,220
Total	1,372
Accumulated Depreciation	1,203
NBV	$ 169
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0545, Eastside Rehabilitation and Living Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	316
Buildings and Improvements	1,349
Costs Capitalized Subsequent to Acquisition	134
Gross Amount Carried at Close of Period
Land and Improvements	316
Buildings and Improvements	1,483
Total	1,799
Accumulated Depreciation	1,470
NBV	$ 329
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | Westgate Manor, 0554
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	287
Buildings and Improvements	2,718
Costs Capitalized Subsequent to Acquisition	151
Gross Amount Carried at Close of Period
Land and Improvements	287
Buildings and Improvements	2,869
Total	3,156
Accumulated Depreciation	2,836
NBV	$ 320
Life on Which Depreciation in Income Statement is Computed	31 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0546, Winship Green Nursing Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	110
Buildings and Improvements	1,455
Costs Capitalized Subsequent to Acquisition	128
Gross Amount Carried at Close of Period
Land and Improvements	110
Buildings and Improvements	1,583
Total	1,693
Accumulated Depreciation	1,446
NBV	$ 247
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0547, Brewer Rehabilitation and Living Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	228
Buildings and Improvements	2,737
Costs Capitalized Subsequent to Acquisition	304
Gross Amount Carried at Close of Period
Land and Improvements	228
Buildings and Improvements	3,041
Total	3,269
Accumulated Depreciation	2,688
NBV	$ 581
Life on Which Depreciation in Income Statement is Computed	33 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0549, Kennebunk Nursing and Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	99
Buildings and Improvements	1,898
Costs Capitalized Subsequent to Acquisition	161
Gross Amount Carried at Close of Period
Land and Improvements	99
Buildings and Improvements	2,059
Total	2,158
Accumulated Depreciation	1,767
NBV	$ 391
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0550, Norway Rehabilitation & Living Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	133
Buildings and Improvements	1,658
Costs Capitalized Subsequent to Acquisition	118
Gross Amount Carried at Close of Period
Land and Improvements	133
Buildings and Improvements	1,776
Total	1,909
Accumulated Depreciation	1,503
NBV	$ 406
Life on Which Depreciation in Income Statement is Computed	39 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0555, Brentwood Rehabilitation and Nursing Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	181
Buildings and Improvements	2,789
Costs Capitalized Subsequent to Acquisition	146
Gross Amount Carried at Close of Period
Land and Improvements	181
Buildings and Improvements	2,935
Total	3,116
Accumulated Depreciation	2,487
NBV	$ 629
Life on Which Depreciation in Income Statement is Computed	45 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3774, Cumberland Villa Nursing Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	660
Buildings and Improvements	23,970
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	660
Buildings and Improvements	23,970
Total	24,630
Accumulated Depreciation	4,158
NBV	$ 20,472
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3773, Colton Villa
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,550
Buildings and Improvements	16,973
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,550
Buildings and Improvements	16,973
Total	18,523
Accumulated Depreciation	3,120
NBV	$ 15,403
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3775, Westminster Nursing & Convalescent Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,160
Buildings and Improvements	15,931
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	2,160
Buildings and Improvements	15,931
Total	18,091
Accumulated Depreciation	2,921
NBV	$ 15,170
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0537, Quincy Rehabilitation and Nursing Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	216
Buildings and Improvements	2,911
Costs Capitalized Subsequent to Acquisition	204
Gross Amount Carried at Close of Period
Land and Improvements	216
Buildings and Improvements	3,115
Total	3,331
Accumulated Depreciation	2,986
NBV	$ 345
Life on Which Depreciation in Income Statement is Computed	24 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0542, Den-Mar Rehabilitation and Nursing Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	23
Buildings and Improvements	1,560
Costs Capitalized Subsequent to Acquisition	187
Gross Amount Carried at Close of Period
Land and Improvements	23
Buildings and Improvements	1,747
Total	1,770
Accumulated Depreciation	1,676
NBV	$ 94
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | Walden Rehabilitation and Nursing Center, 0588
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	181
Buildings and Improvements	1,347
Costs Capitalized Subsequent to Acquisition	178
Gross Amount Carried at Close of Period
Land and Improvements	181
Buildings and Improvements	1,525
Total	1,706
Accumulated Depreciation	1,478
NBV	$ 228
Life on Which Depreciation in Income Statement is Computed	40 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0582, Colony House Nursing and Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	132
Buildings and Improvements	999
Costs Capitalized Subsequent to Acquisition	194
Gross Amount Carried at Close of Period
Land and Improvements	132
Buildings and Improvements	1,193
Total	1,325
Accumulated Depreciation	1,239
NBV	$ 86
Life on Which Depreciation in Income Statement is Computed	40 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1730, Wingate at Andover
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,450
Buildings and Improvements	14,798
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,450
Buildings and Improvements	14,798
Total	16,248
Accumulated Depreciation	2,799
NBV	$ 13,449
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0581, Blueberry Hill Skilled Nursing & Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	129
Buildings and Improvements	4,290
Costs Capitalized Subsequent to Acquisition	1,311
Gross Amount Carried at Close of Period
Land and Improvements	129
Buildings and Improvements	5,601
Total	5,730
Accumulated Depreciation	3,971
NBV	$ 1,759
Life on Which Depreciation in Income Statement is Computed	40 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0514, Sachem Skilled Nursing & Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	529
Buildings and Improvements	1,238
Costs Capitalized Subsequent to Acquisition	232
Gross Amount Carried at Close of Period
Land and Improvements	529
Buildings and Improvements	1,470
Total	1,999
Accumulated Depreciation	1,769
NBV	$ 230
Life on Which Depreciation in Income Statement is Computed	27 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1745, Chestnut Hill Rehab & Nursing
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	3,050
Buildings and Improvements	5,392
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	3,050
Buildings and Improvements	5,392
Total	8,442
Accumulated Depreciation	1,233
NBV	$ 7,209
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0587, River Terrace Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	268
Buildings and Improvements	957
Costs Capitalized Subsequent to Acquisition	212
Gross Amount Carried at Close of Period
Land and Improvements	268
Buildings and Improvements	1,169
Total	1,437
Accumulated Depreciation	1,215
NBV	$ 222
Life on Which Depreciation in Income Statement is Computed	40 years
NON-KINDRED | SKILLED NURSING FACILITIES | Wingate at Belvidere (Lowell)
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	820
Buildings and Improvements	11,220
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	820
Buildings and Improvements	11,220
Total	12,040
Accumulated Depreciation	2,095
NBV	$ 9,945
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | The Reservoir Center for Health & Rehabilitation
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	222
Buildings and Improvements	2,431
Costs Capitalized Subsequent to Acquisition	300
Gross Amount Carried at Close of Period
Land and Improvements	222
Buildings and Improvements	2,731
Total	2,953
Accumulated Depreciation	2,456
NBV	$ 497
Life on Which Depreciation in Income Statement is Computed	34 years 6 months
NON-KINDRED | SKILLED NURSING FACILITIES | The Eliot Healthcare Center, 0526
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	249
Buildings and Improvements	1,328
Costs Capitalized Subsequent to Acquisition	500
Gross Amount Carried at Close of Period
Land and Improvements	249
Buildings and Improvements	1,828
Total	2,077
Accumulated Depreciation	1,553
NBV	$ 524
Life on Which Depreciation in Income Statement is Computed	31 years
NON-KINDRED | SKILLED NURSING FACILITIES | Country Rehabilitation and Nursing Center, 0507
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	199
Buildings and Improvements	3,004
Costs Capitalized Subsequent to Acquisition	378
Gross Amount Carried at Close of Period
Land and Improvements	199
Buildings and Improvements	3,382
Total	3,581
Accumulated Depreciation	3,253
NBV	$ 328
Life on Which Depreciation in Income Statement is Computed	27 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1733, Wingate at Reading
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	920
Buildings and Improvements	7,499
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	920
Buildings and Improvements	7,499
Total	8,419
Accumulated Depreciation	1,566
NBV	$ 6,853
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1746, Ring East
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,250
Buildings and Improvements	13,561
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,250
Buildings and Improvements	13,561
Total	14,811
Accumulated Depreciation	2,637
NBV	$ 12,174
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1734, Wingate at Sudbury
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,540
Buildings and Improvements	8,100
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,540
Buildings and Improvements	8,100
Total	9,640
Accumulated Depreciation	1,785
NBV	$ 7,855
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0539, Newton and Wellesley Alzheimer Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	297
Buildings and Improvements	3,250
Costs Capitalized Subsequent to Acquisition	277
Gross Amount Carried at Close of Period
Land and Improvements	297
Buildings and Improvements	3,527
Total	3,824
Accumulated Depreciation	3,143
NBV	$ 681
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1744, Riverdale Gardens Rehab & Nursing
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,140
Buildings and Improvements	6,997
Costs Capitalized Subsequent to Acquisition	107
Gross Amount Carried at Close of Period
Land and Improvements	2,140
Buildings and Improvements	7,104
Total	9,244
Accumulated Depreciation	1,837
NBV	$ 7,407
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Wingate at Worcester
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	620
Buildings and Improvements	10,958
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	620
Buildings and Improvements	10,958
Total	11,578
Accumulated Depreciation	2,256
NBV	$ 9,322
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7586, Autumn Woods Residential Health Care Facility
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,495
Buildings and Improvements	26,015
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	745
Buildings and Improvements	26,765
Total	27,510
Accumulated Depreciation	4,420
NBV	$ 23,090
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Golden Living Center - Hopkins
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	4,470
Buildings and Improvements	21,409
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	4,470
Buildings and Improvements	21,409
Total	25,879
Accumulated Depreciation	3,802
NBV	$ 22,077
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7005, Andrew Care Home
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	3,280
Buildings and Improvements	5,083
Costs Capitalized Subsequent to Acquisition	477
Gross Amount Carried at Close of Period
Land and Improvements	3,295
Buildings and Improvements	5,545
Total	8,840
Accumulated Depreciation	1,665
NBV	$ 7,175
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3764, Golden Living Center - Rochester East
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	639
Buildings and Improvements	3,497
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	639
Buildings and Improvements	3,497
Total	4,136
Accumulated Depreciation	3,564
NBV	$ 572
Life on Which Depreciation in Income Statement is Computed	28 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7250, Ashland Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	770
Buildings and Improvements	4,400
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	770
Buildings and Improvements	4,400
Total	5,170
Accumulated Depreciation	856
NBV	$ 4,314
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7257, South Hampton Place
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	710
Buildings and Improvements	11,279
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	710
Buildings and Improvements	11,279
Total	11,989
Accumulated Depreciation	2,049
NBV	$ 9,940
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7253, Dixon Nursing & Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	570
Buildings and Improvements	3,342
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	570
Buildings and Improvements	3,342
Total	3,912
Accumulated Depreciation	690
NBV	$ 3,222
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7252, Current River Nursing
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	450
Buildings and Improvements	7,703
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	450
Buildings and Improvements	7,703
Total	8,153
Accumulated Depreciation	1,529
NBV	$ 6,624
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7254, Forsyth Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	710
Buildings and Improvements	6,731
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	710
Buildings and Improvements	6,731
Total	7,441
Accumulated Depreciation	1,388
NBV	$ 6,053
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Garden Valley Nursing and Rehabilitation
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	8,600
Gross Amount Carried at Close of Period
Land and Improvements	1,040
Buildings and Improvements	7,560
Total	8,600
Accumulated Depreciation	1,058
NBV	$ 7,542
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Maple Wood Community and Rehab Center - Kansas City MO
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	4,310
Gross Amount Carried at Close of Period
Land and Improvements	720
Buildings and Improvements	3,590
Total	4,310
Accumulated Depreciation	836
NBV	$ 3,474
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3785, Maryville Health Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	630
Buildings and Improvements	5,825
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	630
Buildings and Improvements	5,825
Total	6,455
Accumulated Depreciation	1,214
NBV	$ 5,241
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7255, Glenwood Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	670
Buildings and Improvements	3,737
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	670
Buildings and Improvements	3,737
Total	4,407
Accumulated Depreciation	752
NBV	$ 3,655
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7256, Silex Community Care
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	730
Buildings and Improvements	2,689
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	730
Buildings and Improvements	2,689
Total	3,419
Accumulated Depreciation	593
NBV	$ 2,826
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Sunset Hills Health and Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,560
Buildings and Improvements	10,582
Costs Capitalized Subsequent to Acquisition	1,219
Gross Amount Carried at Close of Period
Land and Improvements	1,638
Buildings and Improvements	11,723
Total	13,361
Accumulated Depreciation	2,263
NBV	$ 11,098
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7251, Bellefontaine Gardens
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,610
Buildings and Improvements	4,314
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,610
Buildings and Improvements	4,314
Total	5,924
Accumulated Depreciation	968
NBV	$ 4,956
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7258, Strafford Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,670
Buildings and Improvements	8,251
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,670
Buildings and Improvements	8,251
Total	9,921
Accumulated Depreciation	1,520
NBV	$ 8,401
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7259, Windsor Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	510
Buildings and Improvements	3,345
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	510
Buildings and Improvements	3,345
Total	3,855
Accumulated Depreciation	691
NBV	$ 3,164
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0640, Las Vegas Healthcare and Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	454
Buildings and Improvements	1,018
Costs Capitalized Subsequent to Acquisition	187
Gross Amount Carried at Close of Period
Land and Improvements	454
Buildings and Improvements	1,205
Total	1,659
Accumulated Depreciation	879
NBV	$ 780
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0641, Torrey Pines Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	256
Buildings and Improvements	1,324
Costs Capitalized Subsequent to Acquisition	270
Gross Amount Carried at Close of Period
Land and Improvements	256
Buildings and Improvements	1,594
Total	1,850
Accumulated Depreciation	1,387
NBV	$ 463
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | 2226, Hearthstone of Northern Nevada
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,400
Buildings and Improvements	9,365
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,400
Buildings and Improvements	9,365
Total	10,765
Accumulated Depreciation	1,866
NBV	$ 8,899
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0591, Dover Rehabilitation and Living Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	355
Buildings and Improvements	3,797
Costs Capitalized Subsequent to Acquisition	2,132
Gross Amount Carried at Close of Period
Land and Improvements	355
Buildings and Improvements	5,929
Total	6,284
Accumulated Depreciation	4,005
NBV	$ 2,279
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1742, Wingate at St. Francis
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,900
Buildings and Improvements	18,115
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,900
Buildings and Improvements	18,115
Total	20,015
Accumulated Depreciation	3,376
NBV	$ 16,639
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7583, Garden Gate
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	760
Buildings and Improvements	15,643
Costs Capitalized Subsequent to Acquisition	30
Gross Amount Carried at Close of Period
Land and Improvements	760
Buildings and Improvements	15,673
Total	16,433
Accumulated Depreciation	2,990
NBV	$ 13,443
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7581, Brookhaven
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,100
Buildings and Improvements	25,840
Costs Capitalized Subsequent to Acquisition	30
Gross Amount Carried at Close of Period
Land and Improvements	1,100
Buildings and Improvements	25,870
Total	26,970
Accumulated Depreciation	4,514
NBV	$ 22,456
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1741, Wingate at Dutchess
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,300
Buildings and Improvements	19,685
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,300
Buildings and Improvements	19,685
Total	20,985
Accumulated Depreciation	3,634
NBV	$ 17,351
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7580, Autumn View
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,190
Buildings and Improvements	24,687
Costs Capitalized Subsequent to Acquisition	34
Gross Amount Carried at Close of Period
Land and Improvements	1,190
Buildings and Improvements	24,721
Total	25,911
Accumulated Depreciation	4,504
NBV	$ 21,407
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1743, Wingate at Ulster
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,500
Buildings and Improvements	18,223
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,500
Buildings and Improvements	18,223
Total	19,723
Accumulated Depreciation	3,243
NBV	$ 16,480
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7584, North Gate
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,010
Buildings and Improvements	14,801
Costs Capitalized Subsequent to Acquisition	40
Gross Amount Carried at Close of Period
Land and Improvements	1,010
Buildings and Improvements	14,841
Total	15,851
Accumulated Depreciation	2,892
NBV	$ 12,959
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7585, Seneca
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,400
Buildings and Improvements	13,491
Costs Capitalized Subsequent to Acquisition	5
Gross Amount Carried at Close of Period
Land and Improvements	1,400
Buildings and Improvements	13,496
Total	14,896
Accumulated Depreciation	2,559
NBV	$ 12,337
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7582, Harris Hill
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,240
Buildings and Improvements	33,574
Costs Capitalized Subsequent to Acquisition	33
Gross Amount Carried at Close of Period
Land and Improvements	1,240
Buildings and Improvements	33,607
Total	34,847
Accumulated Depreciation	5,837
NBV	$ 29,010
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Chapel Hill
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	347
Buildings and Improvements	3,029
Costs Capitalized Subsequent to Acquisition	1,455
Gross Amount Carried at Close of Period
Land and Improvements	472
Buildings and Improvements	4,359
Total	4,831
Accumulated Depreciation	2,835
NBV	$ 1,996
Life on Which Depreciation in Income Statement is Computed	28 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0116, Pettigrew Rehabilitation and Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	101
Buildings and Improvements	2,889
Costs Capitalized Subsequent to Acquisition	251
Gross Amount Carried at Close of Period
Land and Improvements	129
Buildings and Improvements	3,112
Total	3,241
Accumulated Depreciation	2,621
NBV	$ 620
Life on Which Depreciation in Income Statement is Computed	28 years
NON-KINDRED | SKILLED NURSING FACILITIES | Gastonia Care and Rehabilitation
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	158
Buildings and Improvements	2,359
Costs Capitalized Subsequent to Acquisition	1,626
Gross Amount Carried at Close of Period
Land and Improvements	195
Buildings and Improvements	3,948
Total	4,143
Accumulated Depreciation	2,386
NBV	$ 1,757
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3770, Lakewood Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,610
Buildings and Improvements	7,759
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,610
Buildings and Improvements	7,759
Total	9,369
Accumulated Depreciation	1,595
NBV	$ 7,774
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Kinston
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	186
Buildings and Improvements	3,038
Costs Capitalized Subsequent to Acquisition	1,409
Gross Amount Carried at Close of Period
Land and Improvements	212
Buildings and Improvements	4,421
Total	4,633
Accumulated Depreciation	2,770
NBV	$ 1,863
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | Lincolnton Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	39
Buildings and Improvements	3,309
Costs Capitalized Subsequent to Acquisition	197
Gross Amount Carried at Close of Period
Land and Improvements	39
Buildings and Improvements	3,506
Total	3,545
Accumulated Depreciation	3,010
NBV	$ 535
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0707, Rehabilitation and Nursing Center of Monroe
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	185
Buildings and Improvements	2,654
Costs Capitalized Subsequent to Acquisition	380
Gross Amount Carried at Close of Period
Land and Improvements	190
Buildings and Improvements	3,029
Total	3,219
Accumulated Depreciation	2,496
NBV	$ 723
Life on Which Depreciation in Income Statement is Computed	28 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0137, Sunnybrook Healthcare and Rehabilitation Specialists
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	187
Buildings and Improvements	3,409
Costs Capitalized Subsequent to Acquisition	372
Gross Amount Carried at Close of Period
Land and Improvements	191
Buildings and Improvements	3,777
Total	3,968
Accumulated Depreciation	3,613
NBV	$ 355
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0143, Raleigh Rehabilitation & Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	316
Buildings and Improvements	5,470
Costs Capitalized Subsequent to Acquisition	601
Gross Amount Carried at Close of Period
Land and Improvements	336
Buildings and Improvements	6,051
Total	6,387
Accumulated Depreciation	5,797
NBV	$ 590
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Roanoke Rapids
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	339
Buildings and Improvements	4,132
Costs Capitalized Subsequent to Acquisition	1,788
Gross Amount Carried at Close of Period
Land and Improvements	488
Buildings and Improvements	5,771
Total	6,259
Accumulated Depreciation	4,467
NBV	$ 1,792
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0723, Guardian Care of Rocky Mount
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	240
Buildings and Improvements	1,732
Costs Capitalized Subsequent to Acquisition	316
Gross Amount Carried at Close of Period
Land and Improvements	240
Buildings and Improvements	2,048
Total	2,288
Accumulated Depreciation	1,788
NBV	$ 500
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0188, Cypress Pointe Rehabilitation and Health Care Centre
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	233
Buildings and Improvements	3,710
Costs Capitalized Subsequent to Acquisition	280
Gross Amount Carried at Close of Period
Land and Improvements	243
Buildings and Improvements	3,980
Total	4,223
Accumulated Depreciation	3,326
NBV	$ 897
Life on Which Depreciation in Income Statement is Computed	28 years 6 months
NON-KINDRED | SKILLED NURSING FACILITIES | 0191, Silas Creek Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	211
Buildings and Improvements	1,893
Costs Capitalized Subsequent to Acquisition	415
Gross Amount Carried at Close of Period
Land and Improvements	211
Buildings and Improvements	2,308
Total	2,519
Accumulated Depreciation	1,800
NBV	$ 719
Life on Which Depreciation in Income Statement is Computed	28 years 6 months
NON-KINDRED | SKILLED NURSING FACILITIES | 0713, Guardian Care of Zebulon
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	179
Buildings and Improvements	1,933
Costs Capitalized Subsequent to Acquisition	181
Gross Amount Carried at Close of Period
Land and Improvements	201
Buildings and Improvements	2,092
Total	2,293
Accumulated Depreciation	1,689
NBV	$ 604
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Chillicothe
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	128
Buildings and Improvements	3,481
Costs Capitalized Subsequent to Acquisition	1,683
Gross Amount Carried at Close of Period
Land and Improvements	256
Buildings and Improvements	5,036
Total	5,292
Accumulated Depreciation	3,647
NBV	$ 1,645
Life on Which Depreciation in Income Statement is Computed	34 years
NON-KINDRED | SKILLED NURSING FACILITIES | 2702, Burlington House
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	918
Buildings and Improvements	5,087
Costs Capitalized Subsequent to Acquisition	4,309
Gross Amount Carried at Close of Period
Land and Improvements	974
Buildings and Improvements	9,340
Total	10,314
Accumulated Depreciation	2,321
NBV	$ 7,993
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Coshocton
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	203
Buildings and Improvements	1,979
Costs Capitalized Subsequent to Acquisition	1,787
Gross Amount Carried at Close of Period
Land and Improvements	257
Buildings and Improvements	3,712
Total	3,969
Accumulated Depreciation	2,149
NBV	$ 1,820
Life on Which Depreciation in Income Statement is Computed	25 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Galion
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	540
Buildings and Improvements	6,324
Costs Capitalized Subsequent to Acquisition	(1,223)
Gross Amount Carried at Close of Period
Land and Improvements	573
Buildings and Improvements	5,068
Total	5,641
Accumulated Depreciation	1,046
NBV	$ 4,595
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Fayette County
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	490
Buildings and Improvements	13,460
Costs Capitalized Subsequent to Acquisition	(585)
Gross Amount Carried at Close of Period
Land and Improvements	749
Buildings and Improvements	12,616
Total	13,365
Accumulated Depreciation	2,280
NBV	$ 11,085
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Warren
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,100
Buildings and Improvements	8,196
Costs Capitalized Subsequent to Acquisition	(1,519)
Gross Amount Carried at Close of Period
Land and Improvements	1,119
Buildings and Improvements	6,658
Total	7,777
Accumulated Depreciation	4,954
NBV	$ 2,823
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1510, Avamere Rehab of Coos Bay
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,920
Buildings and Improvements	3,394
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,920
Buildings and Improvements	3,394
Total	5,314
Accumulated Depreciation	715
NBV	$ 4,599
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1502, Avamere Riverpark of Eugene
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,960
Buildings and Improvements	17,622
Costs Capitalized Subsequent to Acquisition	1,776
Gross Amount Carried at Close of Period
Land and Improvements	1,960
Buildings and Improvements	19,398
Total	21,358
Accumulated Depreciation	3,132
NBV	$ 18,226
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1509, Avamere Rehab of Eugene
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,080
Buildings and Improvements	7,257
Costs Capitalized Subsequent to Acquisition	1,455
Gross Amount Carried at Close of Period
Land and Improvements	1,080
Buildings and Improvements	8,712
Total	9,792
Accumulated Depreciation	1,400
NBV	$ 8,392
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1513, Avamere Rehab of Clackamas
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	820
Buildings and Improvements	3,844
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	820
Buildings and Improvements	3,844
Total	4,664
Accumulated Depreciation	783
NBV	$ 3,881
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1507, Avamere Rehab of Hillsboro
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,390
Buildings and Improvements	8,628
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,390
Buildings and Improvements	8,628
Total	10,018
Accumulated Depreciation	1,635
NBV	$ 8,383
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1508, Avamere Rehab of Junction City
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	590
Buildings and Improvements	5,583
Costs Capitalized Subsequent to Acquisition	382
Gross Amount Carried at Close of Period
Land and Improvements	590
Buildings and Improvements	5,965
Total	6,555
Accumulated Depreciation	1,042
NBV	$ 5,513
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1506, Avamere Rehab of King City
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,290
Buildings and Improvements	10,646
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,290
Buildings and Improvements	10,646
Total	11,936
Accumulated Depreciation	1,941
NBV	$ 9,995
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1504, Avamere Rehab of Lebanon
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	980
Buildings and Improvements	12,954
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	980
Buildings and Improvements	12,954
Total	13,934
Accumulated Depreciation	2,290
NBV	$ 11,644
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0453, Medford Rehabilitation and Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	362
Buildings and Improvements	4,610
Costs Capitalized Subsequent to Acquisition	2,074
Gross Amount Carried at Close of Period
Land and Improvements	362
Buildings and Improvements	6,684
Total	7,046
Accumulated Depreciation	4,076
NBV	$ 2,970
Life on Which Depreciation in Income Statement is Computed	34 years
NON-KINDRED | SKILLED NURSING FACILITIES | Avamere Rehab at Newport
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	380
Buildings and Improvements	3,420
Costs Capitalized Subsequent to Acquisition	813
Gross Amount Carried at Close of Period
Land and Improvements	380
Buildings and Improvements	4,233
Total	4,613
Accumulated Depreciation	903
NBV	$ 3,710
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1529, Mountain View
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,056
Buildings and Improvements	6,831
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,056
Buildings and Improvements	6,831
Total	7,887
Accumulated Depreciation	1,009
NBV	$ 6,878
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1505, Avamere Crestview of Portland
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,610
Buildings and Improvements	13,942
Costs Capitalized Subsequent to Acquisition	2,626
Gross Amount Carried at Close of Period
Land and Improvements	1,610
Buildings and Improvements	16,568
Total	18,178
Accumulated Depreciation	2,509
NBV	$ 15,669
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0452, Sunnyside Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,512
Buildings and Improvements	2,249
Costs Capitalized Subsequent to Acquisition	442
Gross Amount Carried at Close of Period
Land and Improvements	1,512
Buildings and Improvements	2,691
Total	4,203
Accumulated Depreciation	1,852
NBV	$ 2,351
Life on Which Depreciation in Income Statement is Computed	30 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1511, Avamere Twin Oaks of Sweet Home
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	290
Buildings and Improvements	4,536
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	290
Buildings and Improvements	4,536
Total	4,826
Accumulated Depreciation	838
NBV	$ 3,988
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Bloomsburg Rehab & Wellness Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	621
Buildings and Improvements	1,371
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	621
Buildings and Improvements	1,371
Total	1,992
Accumulated Depreciation	398
NBV	$ 1,594
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 2228, Mountain View Nursing Home
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	580
Buildings and Improvements	12,817
Costs Capitalized Subsequent to Acquisition	1,900
Gross Amount Carried at Close of Period
Land and Improvements	580
Buildings and Improvements	14,717
Total	15,297
Accumulated Depreciation	2,603
NBV	$ 12,694
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7176, Epic- Bayview
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	890
Buildings and Improvements	14,311
Costs Capitalized Subsequent to Acquisition	5
Gross Amount Carried at Close of Period
Land and Improvements	890
Buildings and Improvements	14,316
Total	15,206
Accumulated Depreciation	2,743
NBV	$ 12,463
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7170, Dundee Nursing Home
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	320
Buildings and Improvements	8,693
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	320
Buildings and Improvements	8,693
Total	9,013
Accumulated Depreciation	1,663
NBV	$ 7,350
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7175, Epic-Conway
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,090
Buildings and Improvements	16,880
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,090
Buildings and Improvements	16,880
Total	17,970
Accumulated Depreciation	3,162
NBV	$ 14,808
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7171, Mt. Pleasant Nursing Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,810
Buildings and Improvements	9,079
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,810
Buildings and Improvements	9,079
Total	10,889
Accumulated Depreciation	1,787
NBV	$ 9,102
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7380, Firesteel
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	690
Buildings and Improvements	15,360
Costs Capitalized Subsequent to Acquisition	6,578
Gross Amount Carried at Close of Period
Land and Improvements	690
Buildings and Improvements	21,938
Total	22,628
Accumulated Depreciation	2,830
NBV	$ 19,798
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7381, Fountain Springs Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	940
Buildings and Improvements	28,647
Costs Capitalized Subsequent to Acquisition	2,037
Gross Amount Carried at Close of Period
Land and Improvements	940
Buildings and Improvements	30,684
Total	31,624
Accumulated Depreciation	4,811
NBV	$ 26,813
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Palisade Healthcare Community
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	150
Buildings and Improvements	3,750
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	150
Buildings and Improvements	3,750
Total	3,900
Accumulated Depreciation	0
NBV	$ 3,900
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Riverview Healthcare Community & Independent Living
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	190
Buildings and Improvements	5,035
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	190
Buildings and Improvements	5,035
Total	5,225
Accumulated Depreciation	0
NBV	$ 5,225
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Wheatcrest Hills Healthcare Community
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	600
Buildings and Improvements	2,025
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	600
Buildings and Improvements	2,025
Total	2,625
Accumulated Depreciation	0
NBV	$ 2,625
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Putnam County
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	524
Buildings and Improvements	4,370
Costs Capitalized Subsequent to Acquisition	1,163
Gross Amount Carried at Close of Period
Land and Improvements	537
Buildings and Improvements	5,520
Total	6,057
Accumulated Depreciation	3,911
NBV	$ 2,146
Life on Which Depreciation in Income Statement is Computed	38 years
NON-KINDRED | SKILLED NURSING FACILITIES | Tri-State Comp Care Center, 7172
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,520
Buildings and Improvements	11,515
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,520
Buildings and Improvements	11,515
Total	13,035
Accumulated Depreciation	2,114
NBV	$ 10,921
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Madison
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	168
Buildings and Improvements	1,445
Costs Capitalized Subsequent to Acquisition	1,242
Gross Amount Carried at Close of Period
Land and Improvements	176
Buildings and Improvements	2,679
Total	2,855
Accumulated Depreciation	1,479
NBV	$ 1,376
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Primacy
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,222
Buildings and Improvements	8,344
Costs Capitalized Subsequent to Acquisition	1,620
Gross Amount Carried at Close of Period
Land and Improvements	1,253
Buildings and Improvements	9,933
Total	11,186
Accumulated Depreciation	6,680
NBV	$ 4,506
Life on Which Depreciation in Income Statement is Computed	37 years
NON-KINDRED | SKILLED NURSING FACILITIES | Brodie Ranch Rehab and Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	11,122
Gross Amount Carried at Close of Period
Land and Improvements	570
Buildings and Improvements	10,552
Total	11,122
Accumulated Depreciation	676
NBV	$ 10,446
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Riverside Rehabilitation and Healthcare Center Texas [Member]
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	7,331
Gross Amount Carried at Close of Period
Land and Improvements	764
Buildings and Improvements	6,567
Total	7,331
Accumulated Depreciation	424
NBV	$ 6,907
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Green Acres - Baytown, 1661
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	490
Buildings and Improvements	9,104
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	490
Buildings and Improvements	9,104
Total	9,594
Accumulated Depreciation	1,660
NBV	$ 7,934
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1662, Allenbrook Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	470
Buildings and Improvements	11,304
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	470
Buildings and Improvements	11,304
Total	11,774
Accumulated Depreciation	2,084
NBV	$ 9,690
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Rehabilitation and Healthcare Center at Baytown
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	23,773
Gross Amount Carried at Close of Period
Land and Improvements	787
Buildings and Improvements	22,986
Total	23,773
Accumulated Depreciation	1,468
NBV	$ 22,305
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Cedar Bayou Rehabilitation and Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	29,993
Gross Amount Carried at Close of Period
Land and Improvements	1,035
Buildings and Improvements	28,958
Total	29,993
Accumulated Depreciation	1,849
NBV	$ 28,144
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7603, Summer Place Nursing and Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,160
Buildings and Improvements	15,934
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,160
Buildings and Improvements	15,934
Total	17,094
Accumulated Depreciation	2,909
NBV	$ 14,185
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1664, Green Acres - Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	200
Buildings and Improvements	5,446
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	200
Buildings and Improvements	5,446
Total	5,646
Accumulated Depreciation	1,099
NBV	$ 4,547
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1676, Regency Nursing Home
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	380
Buildings and Improvements	8,711
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	380
Buildings and Improvements	8,711
Total	9,091
Accumulated Depreciation	1,688
NBV	$ 7,403
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7270, Park Manor - Conroe
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,310
Buildings and Improvements	22,318
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,310
Buildings and Improvements	22,318
Total	23,628
Accumulated Depreciation	3,840
NBV	$ 19,788
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Westwood
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	440
Buildings and Improvements	8,624
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	440
Buildings and Improvements	8,624
Total	9,064
Accumulated Depreciation	1,607
NBV	$ 7,457
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Trisun River Ridge
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	890
Buildings and Improvements	7,695
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	890
Buildings and Improvements	7,695
Total	8,585
Accumulated Depreciation	1,523
NBV	$ 7,062
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7606, Heritage Oaks West
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	510
Buildings and Improvements	15,806
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	510
Buildings and Improvements	15,806
Total	16,316
Accumulated Depreciation	2,867
NBV	$ 13,449
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7531, Park Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,080
Buildings and Improvements	14,484
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,080
Buildings and Improvements	14,484
Total	15,564
Accumulated Depreciation	2,690
NBV	$ 12,874
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7510, Hill Country Care
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	740
Buildings and Improvements	3,973
Costs Capitalized Subsequent to Acquisition	16
Gross Amount Carried at Close of Period
Land and Improvements	756
Buildings and Improvements	3,973
Total	4,729
Accumulated Depreciation	804
NBV	$ 3,925
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Trisun Care Center - Northeast El Paso
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,580
Buildings and Improvements	8,396
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,580
Buildings and Improvements	8,396
Total	9,976
Accumulated Depreciation	2,252
NBV	$ 7,724
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7511, Pecan Tree Rehab & Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	430
Buildings and Improvements	11,499
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	430
Buildings and Improvements	11,499
Total	11,929
Accumulated Depreciation	2,134
NBV	$ 9,795
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1679, Pleasant Valley Health & Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,040
Buildings and Improvements	9,383
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,040
Buildings and Improvements	9,383
Total	10,423
Accumulated Depreciation	1,851
NBV	$ 8,572
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1674, Upshur Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	770
Buildings and Improvements	8,126
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	770
Buildings and Improvements	8,126
Total	8,896
Accumulated Depreciation	1,573
NBV	$ 7,323
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1667, Beechnut Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,080
Buildings and Improvements	12,030
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,080
Buildings and Improvements	12,030
Total	13,110
Accumulated Depreciation	2,279
NBV	$ 10,831
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7271, Park Manor - Cypress Station
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,450
Buildings and Improvements	19,542
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,450
Buildings and Improvements	19,542
Total	20,992
Accumulated Depreciation	3,420
NBV	$ 17,572
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7274, Park Manor of Westchase
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,760
Buildings and Improvements	16,715
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	2,760
Buildings and Improvements	16,715
Total	19,475
Accumulated Depreciation	2,981
NBV	$ 16,494
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7275, Park Manor - Cyfair
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,720
Buildings and Improvements	14,717
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,720
Buildings and Improvements	14,717
Total	16,437
Accumulated Depreciation	2,637
NBV	$ 13,800
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | West Oaks Rehabilitation and Health Care Center - Houston
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	26,732
Gross Amount Carried at Close of Period
Land and Improvements	1,225
Buildings and Improvements	25,507
Total	26,732
Accumulated Depreciation	1,632
NBV	$ 25,100
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Westwood Rehabilitation and Health Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	22,387
Gross Amount Carried at Close of Period
Land and Improvements	1,335
Buildings and Improvements	21,052
Total	22,387
Accumulated Depreciation	1,350
NBV	$ 21,037
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1666, Green Acres - Humble
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,060
Buildings and Improvements	6,738
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	2,060
Buildings and Improvements	6,738
Total	8,798
Accumulated Depreciation	1,381
NBV	$ 7,417
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7272, Park Manor - Humble
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,650
Buildings and Improvements	17,257
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,650
Buildings and Improvements	17,257
Total	18,907
Accumulated Depreciation	3,061
NBV	$ 15,846
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1663, Green Acres - Huntsville
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	290
Buildings and Improvements	2,568
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	290
Buildings and Improvements	2,568
Total	2,858
Accumulated Depreciation	630
NBV	$ 2,228
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Senior Care of Jacksonville
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	760
Buildings and Improvements	9,639
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	760
Buildings and Improvements	9,639
Total	10,399
Accumulated Depreciation	1,835
NBV	$ 8,564
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7534, Avalon Kirbyville
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	260
Buildings and Improvements	7,713
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	260
Buildings and Improvements	7,713
Total	7,973
Accumulated Depreciation	1,512
NBV	$ 6,461
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1678, Millbrook Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	750
Buildings and Improvements	7,480
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	750
Buildings and Improvements	7,480
Total	8,230
Accumulated Depreciation	1,558
NBV	$ 6,672
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1668, Nexion Health at Linden
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	680
Buildings and Improvements	3,495
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	680
Buildings and Improvements	3,495
Total	4,175
Accumulated Depreciation	854
NBV	$ 3,321
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7535, SWLTC Marshall Conroe
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	810
Buildings and Improvements	10,093
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	810
Buildings and Improvements	10,093
Total	10,903
Accumulated Depreciation	1,968
NBV	$ 8,935
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1677, McKinney Healthcare & Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,450
Buildings and Improvements	10,345
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,450
Buildings and Improvements	10,345
Total	11,795
Accumulated Depreciation	2,008
NBV	$ 9,787
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Park Manor of McKinney
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,540
Buildings and Improvements	11,049
Costs Capitalized Subsequent to Acquisition	(2,345)
Gross Amount Carried at Close of Period
Land and Improvements	1,540
Buildings and Improvements	8,704
Total	10,244
Accumulated Depreciation	1,776
NBV	$ 8,468
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Senior Care of Midland
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	530
Buildings and Improvements	13,311
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	530
Buildings and Improvements	13,311
Total	13,841
Accumulated Depreciation	2,393
NBV	$ 11,448
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7273, Park Manor of Quail Valley
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,920
Buildings and Improvements	16,841
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,920
Buildings and Improvements	16,841
Total	18,761
Accumulated Depreciation	2,996
NBV	$ 15,765
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1672, Nexion Health at Mt. Pleasant
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	520
Buildings and Improvements	5,050
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	520
Buildings and Improvements	5,050
Total	5,570
Accumulated Depreciation	1,124
NBV	$ 4,446
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7604, The Meadows Nursing and Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	380
Buildings and Improvements	10,777
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	380
Buildings and Improvements	10,777
Total	11,157
Accumulated Depreciation	2,045
NBV	$ 9,112
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Paramount Rehabilitation and Health Care Center - Pasadena
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	28,124
Gross Amount Carried at Close of Period
Land and Improvements	1,539
Buildings and Improvements	26,585
Total	28,124
Accumulated Depreciation	1,703
NBV	$ 26,421
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7607, Cypress Glen Nursing and Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,340
Buildings and Improvements	14,142
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,340
Buildings and Improvements	14,142
Total	15,482
Accumulated Depreciation	2,701
NBV	$ 12,781
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Lake Arthur Place
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	490
Buildings and Improvements	10,663
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	490
Buildings and Improvements	10,663
Total	11,153
Accumulated Depreciation	2,000
NBV	$ 9,153
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Coastal Palms
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	390
Buildings and Improvements	8,548
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	390
Buildings and Improvements	8,548
Total	8,938
Accumulated Depreciation	1,606
NBV	$ 7,332
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Senior Care of San Angelo
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	870
Buildings and Improvements	12,282
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	870
Buildings and Improvements	12,282
Total	13,152
Accumulated Depreciation	2,274
NBV	$ 10,878
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Lakeside SNF
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	8,677
Gross Amount Carried at Close of Period
Land and Improvements	1,865
Buildings and Improvements	6,812
Total	8,677
Accumulated Depreciation	938
NBV	$ 7,739
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Mystic Park Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	15,140
Gross Amount Carried at Close of Period
Land and Improvements	566
Buildings and Improvements	14,574
Total	15,140
Accumulated Depreciation	931
NBV	$ 14,209
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Paramount Rehabilitation and Health Care Center - San Antonio
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	25,759
Gross Amount Carried at Close of Period
Land and Improvements	808
Buildings and Improvements	24,951
Total	25,759
Accumulated Depreciation	1,593
NBV	$ 24,166
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7530, San Pedro Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	740
Buildings and Improvements	11,498
Costs Capitalized Subsequent to Acquisition	(2,768)
Gross Amount Carried at Close of Period
Land and Improvements	740
Buildings and Improvements	8,730
Total	9,470
Accumulated Depreciation	1,742
NBV	$ 7,728
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1670, Nexion Health at Sherman
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	250
Buildings and Improvements	6,636
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	250
Buildings and Improvements	6,636
Total	6,886
Accumulated Depreciation	1,345
NBV	$ 5,541
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7532, Avalon Trinity
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	330
Buildings and Improvements	9,413
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	330
Buildings and Improvements	9,413
Total	9,743
Accumulated Depreciation	1,787
NBV	$ 7,956
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1673, Renfro Nursing Home
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	510
Buildings and Improvements	7,602
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	510
Buildings and Improvements	7,602
Total	8,112
Accumulated Depreciation	1,584
NBV	$ 6,528
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Pointe Rehabilitation and Healthcare Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	21,370
Gross Amount Carried at Close of Period
Land and Improvements	1,194
Buildings and Improvements	20,176
Total	21,370
Accumulated Depreciation	1,293
NBV	$ 20,077
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7533, Avalon Wharton
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	270
Buildings and Improvements	5,107
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	270
Buildings and Improvements	5,107
Total	5,377
Accumulated Depreciation	1,116
NBV	$ 4,261
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3769, Sleepy Hollow Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	7,210
Buildings and Improvements	13,562
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	7,210
Buildings and Improvements	13,562
Total	20,772
Accumulated Depreciation	2,774
NBV	$ 17,998
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3768, The Cedars Nursing Home
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,810
Buildings and Improvements	10,763
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	2,810
Buildings and Improvements	10,763
Total	13,573
Accumulated Depreciation	2,105
NBV	$ 11,468
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Emporia Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	620
Buildings and Improvements	7,492
Costs Capitalized Subsequent to Acquisition	15
Gross Amount Carried at Close of Period
Land and Improvements	635
Buildings and Improvements	7,492
Total	8,127
Accumulated Depreciation	1,511
NBV	$ 6,616
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Signature HealthCARE of Norfolk
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	427
Buildings and Improvements	4,441
Costs Capitalized Subsequent to Acquisition	2,540
Gross Amount Carried at Close of Period
Land and Improvements	443
Buildings and Improvements	6,965
Total	7,408
Accumulated Depreciation	4,565
NBV	$ 2,843
Life on Which Depreciation in Income Statement is Computed	28 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3771, Walnut Hill Convalescent Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	930
Buildings and Improvements	11,597
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	930
Buildings and Improvements	11,597
Total	12,527
Accumulated Depreciation	2,136
NBV	$ 10,391
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3772, Battlefield Park Convalescent Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,010
Buildings and Improvements	12,489
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,010
Buildings and Improvements	12,489
Total	13,499
Accumulated Depreciation	2,276
NBV	$ 11,223
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0158, Bellingham Health Care and Rehabilitation Services
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	441
Buildings and Improvements	3,824
Costs Capitalized Subsequent to Acquisition	365
Gross Amount Carried at Close of Period
Land and Improvements	441
Buildings and Improvements	4,189
Total	4,630
Accumulated Depreciation	3,329
NBV	$ 1,301
Life on Which Depreciation in Income Statement is Computed	28 years 6 months
NON-KINDRED | SKILLED NURSING FACILITIES | 1501, St. Francis of Bellingham
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,740
Buildings and Improvements	23,581
Costs Capitalized Subsequent to Acquisition	1,990
Gross Amount Carried at Close of Period
Land and Improvements	1,740
Buildings and Improvements	25,571
Total	27,311
Accumulated Depreciation	4,052
NBV	$ 23,259
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | North Cascades Health & Rehabilitation Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,220
Buildings and Improvements	7,554
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,220
Buildings and Improvements	7,554
Total	8,774
Accumulated Depreciation	1,586
NBV	$ 7,188
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0462, Queen Anne Healthcare
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	570
Buildings and Improvements	2,750
Costs Capitalized Subsequent to Acquisition	228
Gross Amount Carried at Close of Period
Land and Improvements	570
Buildings and Improvements	2,978
Total	3,548
Accumulated Depreciation	2,522
NBV	$ 1,026
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1500, Richmond Beach Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,930
Buildings and Improvements	16,199
Costs Capitalized Subsequent to Acquisition	231
Gross Amount Carried at Close of Period
Land and Improvements	2,930
Buildings and Improvements	16,430
Total	19,360
Accumulated Depreciation	3,041
NBV	$ 16,319
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1503, Avamere Olympic Rehab of Sequim
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	590
Buildings and Improvements	16,896
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	590
Buildings and Improvements	16,896
Total	17,486
Accumulated Depreciation	3,010
NBV	$ 14,476
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Shelton Health & Rehab Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	510
Buildings and Improvements	8,570
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	510
Buildings and Improvements	8,570
Total	9,080
Accumulated Depreciation	1,573
NBV	$ 7,507
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 1512, Avamere Heritage Rehab of Tacoma
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,760
Buildings and Improvements	4,616
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,760
Buildings and Improvements	4,616
Total	6,376
Accumulated Depreciation	979
NBV	$ 5,397
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Avamere at Pacific Ridge
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,320
Buildings and Improvements	1,544
Costs Capitalized Subsequent to Acquisition	2,277
Gross Amount Carried at Close of Period
Land and Improvements	1,320
Buildings and Improvements	3,821
Total	5,141
Accumulated Depreciation	1,070
NBV	$ 4,071
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 7360, Cascade Park Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,860
Buildings and Improvements	14,854
Costs Capitalized Subsequent to Acquisition	529
Gross Amount Carried at Close of Period
Land and Improvements	1,960
Buildings and Improvements	15,283
Total	17,243
Accumulated Depreciation	2,707
NBV	$ 14,536
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Worthington Nursing and Rehab Center - Parkersburg WV
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	8,330
Gross Amount Carried at Close of Period
Land and Improvements	870
Buildings and Improvements	7,460
Total	8,330
Accumulated Depreciation	822
NBV	$ 7,508
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Atrium Post Acute Care of Appleton
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	353
Buildings and Improvements	3,571
Costs Capitalized Subsequent to Acquisition	280
Gross Amount Carried at Close of Period
Land and Improvements	353
Buildings and Improvements	3,851
Total	4,204
Accumulated Depreciation	3,258
NBV	$ 946
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | Atrium Post Acute Care of Chilton
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	440
Buildings and Improvements	6,114
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	440
Buildings and Improvements	6,114
Total	6,554
Accumulated Depreciation	3,368
NBV	$ 3,186
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3781, Florence Villa
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	340
Buildings and Improvements	5,631
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	340
Buildings and Improvements	5,631
Total	5,971
Accumulated Depreciation	1,111
NBV	$ 4,860
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Village Gardens
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,310
Buildings and Improvements	4,882
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,310
Buildings and Improvements	4,882
Total	6,192
Accumulated Depreciation	1,094
NBV	$ 5,098
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Atrium Post Acute Care of Neenah
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	337
Buildings and Improvements	5,125
Costs Capitalized Subsequent to Acquisition	636
Gross Amount Carried at Close of Period
Land and Improvements	337
Buildings and Improvements	5,761
Total	6,098
Accumulated Depreciation	4,633
NBV	$ 1,465
Life on Which Depreciation in Income Statement is Computed	28 years
NON-KINDRED | SKILLED NURSING FACILITIES | Atrium Post Acute Care of Weston
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	301
Buildings and Improvements	3,596
Costs Capitalized Subsequent to Acquisition	399
Gross Amount Carried at Close of Period
Land and Improvements	301
Buildings and Improvements	3,995
Total	4,296
Accumulated Depreciation	3,897
NBV	$ 399
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3783, Greendale Health & Rehab
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	880
Buildings and Improvements	1,941
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	880
Buildings and Improvements	1,941
Total	2,821
Accumulated Depreciation	495
NBV	$ 2,326
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | 3782, South Shore Manor
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	630
Buildings and Improvements	2,300
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	630
Buildings and Improvements	2,300
Total	2,930
Accumulated Depreciation	476
NBV	$ 2,454
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Wisconsin Dells Health & Rehab, 3776
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	730
Buildings and Improvements	18,994
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	730
Buildings and Improvements	18,994
Total	19,724
Accumulated Depreciation	3,256
NBV	$ 16,468
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SKILLED NURSING FACILITIES | Granite Rehabilitation & Wellness
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	342
Buildings and Improvements	3,468
Costs Capitalized Subsequent to Acquisition	288
Gross Amount Carried at Close of Period
Land and Improvements	342
Buildings and Improvements	3,756
Total	4,098
Accumulated Depreciation	2,912
NBV	$ 1,186
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | Rawlins Rehabilitation & Wellness
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	151
Buildings and Improvements	1,738
Costs Capitalized Subsequent to Acquisition	163
Gross Amount Carried at Close of Period
Land and Improvements	151
Buildings and Improvements	1,901
Total	2,052
Accumulated Depreciation	1,478
NBV	$ 574
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | Wind River Rehabilitation & Wellness
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	179
Buildings and Improvements	1,559
Costs Capitalized Subsequent to Acquisition	175
Gross Amount Carried at Close of Period
Land and Improvements	179
Buildings and Improvements	1,734
Total	1,913
Accumulated Depreciation	1,303
NBV	$ 610
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | 0483, Sage View Care Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	287
Buildings and Improvements	2,392
Costs Capitalized Subsequent to Acquisition	1,139
Gross Amount Carried at Close of Period
Land and Improvements	287
Buildings and Improvements	3,531
Total	3,818
Accumulated Depreciation	2,355
NBV	$ 1,463
Life on Which Depreciation in Income Statement is Computed	29 years
NON-KINDRED | SKILLED NURSING FACILITIES | Shepard of the Valley Healthcare Community
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	675
Buildings and Improvements	14,725
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	675
Buildings and Improvements	14,725
Total	15,400
Accumulated Depreciation	0
NBV	$ 15,400
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | Healthbridge Children's Hospital - Orange
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,330
Buildings and Improvements	9,317
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,330
Buildings and Improvements	9,317
Total	10,647
Accumulated Depreciation	1,567
NBV	$ 9,080
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | 3828, Gateway Rehabilitation Hospital at Florence
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	3,600
Buildings and Improvements	4,924
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	3,600
Buildings and Improvements	4,924
Total	8,524
Accumulated Depreciation	1,430
NBV	$ 7,094
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | Baylor Orthopedic and Spine - Arlington TX
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	37,458
Gross Amount Carried at Close of Period
Land and Improvements	349
Buildings and Improvements	37,109
Total	37,458
Accumulated Depreciation	1,754
NBV	$ 35,704
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | Touchstone Neurorecovery Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,710
Buildings and Improvements	28,428
Costs Capitalized Subsequent to Acquisition	8,500
Gross Amount Carried at Close of Period
Land and Improvements	2,710
Buildings and Improvements	36,928
Total	39,638
Accumulated Depreciation	5,194
NBV	$ 34,444
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | 3864, Highlands Regional Rehabilitation Hospital
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,900
Buildings and Improvements	23,616
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,900
Buildings and Improvements	23,616
Total	25,516
Accumulated Depreciation	6,860
NBV	$ 18,656
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | Healthbridge Children's Hospital - Houston
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,800
Buildings and Improvements	15,770
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,800
Buildings and Improvements	15,770
Total	17,570
Accumulated Depreciation	2,623
NBV	$ 14,947
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | Nexus Specialty Hospital - The Woodlands
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	960
Buildings and Improvements	6,498
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	960
Buildings and Improvements	6,498
Total	7,458
Accumulated Depreciation	1,107
NBV	$ 6,351
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | ResCare Tangram Hacienda 3723
Initial Cost to Company
Land and Improvements	$ 31
Buildings and Improvements	841
Costs Capitalized Subsequent to Acquisition	86
Gross Amount Carried at Close of Period
Land and Improvements	78
Buildings and Improvements	880
Total	958
Accumulated Depreciation	792
NBV	$ 166
Life on Which Depreciation in Income Statement is Computed	20 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | Rescare Tangram - Texas Hill
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	54
Buildings and Improvements	934
Costs Capitalized Subsequent to Acquisition	8
Gross Amount Carried at Close of Period
Land and Improvements	62
Buildings and Improvements	934
Total	996
Accumulated Depreciation	854
NBV	$ 142
Life on Which Depreciation in Income Statement is Computed	20 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | ResCare Tangram Chaparral 3725
Initial Cost to Company
Land and Improvements	$ 82
Buildings and Improvements	552
Costs Capitalized Subsequent to Acquisition	38
Gross Amount Carried at Close of Period
Land and Improvements	82
Buildings and Improvements	590
Total	672
Accumulated Depreciation	551
NBV	$ 121
Life on Which Depreciation in Income Statement is Computed	20 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | ResCare Tangram Sierra Verde Roca Vista 3727
Initial Cost to Company
Land and Improvements	$ 20
Buildings and Improvements	910
Costs Capitalized Subsequent to Acquisition	56
Gross Amount Carried at Close of Period
Land and Improvements	20
Buildings and Improvements	966
Total	986
Accumulated Depreciation	853
NBV	$ 133
Life on Which Depreciation in Income Statement is Computed	20 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | ResCare Tangram 618 W Hutchinson 3719
Initial Cost to Company
Land and Improvements	$ 226
Buildings and Improvements	1,175
Costs Capitalized Subsequent to Acquisition	(480)
Gross Amount Carried at Close of Period
Land and Improvements	126
Buildings and Improvements	795
Total	921
Accumulated Depreciation	725
NBV	$ 196
Life on Which Depreciation in Income Statement is Computed	20 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | ResCare Tangram Ranch 3721
Initial Cost to Company
Land and Improvements	$ 147
Buildings and Improvements	806
Costs Capitalized Subsequent to Acquisition	113
Gross Amount Carried at Close of Period
Land and Improvements	147
Buildings and Improvements	919
Total	1,066
Accumulated Depreciation	778
NBV	$ 288
Life on Which Depreciation in Income Statement is Computed	20 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | ResCare Tangram Mesquite 3722
Initial Cost to Company
Land and Improvements	$ 15
Buildings and Improvements	1,078
Costs Capitalized Subsequent to Acquisition	251
Gross Amount Carried at Close of Period
Land and Improvements	15
Buildings and Improvements	1,329
Total	1,344
Accumulated Depreciation	1,032
NBV	$ 312
Life on Which Depreciation in Income Statement is Computed	20 years
NON-KINDRED | SPECIALTY HOSPITALS AND HEALTHCARE ASSETS | ResCare Tangram Loma Linda 3726
Initial Cost to Company
Land and Improvements	$ 40
Buildings and Improvements	220
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	40
Buildings and Improvements	220
Total	260
Accumulated Depreciation	201
NBV	$ 59
Life on Which Depreciation in Income Statement is Computed	20 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Crownpointe Of Carmel
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,110
Buildings and Improvements	1,933
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,110
Buildings and Improvements	1,933
Total	3,043
Accumulated Depreciation	496
NBV	$ 2,547
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | 1573, Azalea Hills
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,370
Buildings and Improvements	8,708
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	2,370
Buildings and Improvements	8,708
Total	11,078
Accumulated Depreciation	1,608
NBV	$ 9,470
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Crowne Pointe Senior Living Community, Greensburg
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	420
Buildings and Improvements	1,764
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	420
Buildings and Improvements	1,764
Total	2,184
Accumulated Depreciation	403
NBV	$ 1,781
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | 1551, Summit West
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,240
Buildings and Improvements	7,922
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,240
Buildings and Improvements	7,922
Total	9,162
Accumulated Depreciation	1,542
NBV	$ 7,620
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Lakeview Commons Assisted Living
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	250
Buildings and Improvements	5,263
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	250
Buildings and Improvements	5,263
Total	5,513
Accumulated Depreciation	917
NBV	$ 4,596
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Arbor Court at Alvamar
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,700
Buildings and Improvements	9,156
Costs Capitalized Subsequent to Acquisition	129
Gross Amount Carried at Close of Period
Land and Improvements	1,700
Buildings and Improvements	9,285
Total	10,985
Accumulated Depreciation	1,768
NBV	$ 9,217
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Arbor Court at Salina
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,300
Buildings and Improvements	1,738
Costs Capitalized Subsequent to Acquisition	101
Gross Amount Carried at Close of Period
Land and Improvements	1,302
Buildings and Improvements	1,837
Total	3,139
Accumulated Depreciation	554
NBV	$ 2,585
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Arbor Court at Topeka
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	390
Buildings and Improvements	6,217
Costs Capitalized Subsequent to Acquisition	104
Gross Amount Carried at Close of Period
Land and Improvements	394
Buildings and Improvements	6,317
Total	6,711
Accumulated Depreciation	1,176
NBV	$ 5,535
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Spring Lake
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	34,037
Gross Amount Carried at Close of Period
Land and Improvements	1,283
Buildings and Improvements	32,754
Total	34,037
Accumulated Depreciation	2,040
NBV	$ 31,997
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Avamere court at Keizer, 1526
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	1,260
Buildings and Improvements	30,183
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	1,260
Buildings and Improvements	30,183
Total	31,443
Accumulated Depreciation	5,424
NBV	$ 26,019
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | The Pearl at Kruse Way, 1527
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,000
Buildings and Improvements	12,880
Costs Capitalized Subsequent to Acquisition	286
Gross Amount Carried at Close of Period
Land and Improvements	2,000
Buildings and Improvements	13,166
Total	15,166
Accumulated Depreciation	2,338
NBV	$ 12,828
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Avamere at Three Fountains, 1525
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	2,340
Buildings and Improvements	33,187
Costs Capitalized Subsequent to Acquisition	2,835
Gross Amount Carried at Close of Period
Land and Improvements	2,340
Buildings and Improvements	36,022
Total	38,362
Accumulated Depreciation	5,901
NBV	$ 32,461
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Aspen Grove Assisted Living
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	350
Buildings and Improvements	5,930
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	350
Buildings and Improvements	5,930
Total	6,280
Accumulated Depreciation	0
NBV	$ 6,280
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | 7605, Heritage Oaks Retirement Village
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	790
Buildings and Improvements	30,636
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	790
Buildings and Improvements	30,636
Total	31,426
Accumulated Depreciation	5,336
NBV	$ 26,090
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Lakeside ALF
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition	15,129
Gross Amount Carried at Close of Period
Land and Improvements	1,764
Buildings and Improvements	13,365
Total	15,129
Accumulated Depreciation	1,033
NBV	$ 14,096
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Avamere Transitional Care of Tacoma
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	0
Buildings and Improvements	11,647
Costs Capitalized Subsequent to Acquisition	670
Gross Amount Carried at Close of Period
Land and Improvements	22
Buildings and Improvements	12,295
Total	12,317
Accumulated Depreciation	737
NBV	$ 11,580
Life on Which Depreciation in Income Statement is Computed	35 years
NON-KINDRED | SENIORS HOUSING COMMUNITIES AND CAMPUSES | Maurice Griffith Manor Living Center
Real Estate and Accumulated Depreciation
Encumbrances	$ 0
Initial Cost to Company
Land and Improvements	275
Buildings and Improvements	175
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land and Improvements	275
Buildings and Improvements	175
Total	450
Accumulated Depreciation	0
NBV	$ 450
Life on Which Depreciation in Income Statement is Computed	35 years