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Commitments and Contingencies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Commitments and Contingencies. |
Schedule of concentration of credit risk by segments | Segment Concentrations:
|  | Percentage of Senior Housing Gross Assets |  | Percentage of Senior Housing Revenues |
--- | --- | --- | --- | --- | ---
|  | December 31, |  | Year Ended December 31, |
Operators |  | 2013 |  | 2012 |  | 2013 |  | 2012 |  | 2011 |
Emeritus Corporation ("Emeritus")(1) |  |  | 37 |  |  | 37 |  |  | 35 |  |  | 23 |  |  | 24 |
Sunrise(2) |  |  | 17 |  |  | 18 |  |  | 13 |  |  | 16 |  |  | 19 |
HCR ManorCare(3) |  |  | 11 |  |  | 11 |  |  | 10 |  |  | 11 |  |  | 10 |
Brookdale Senior Living ("Brookdale")(4) |  |  | 11 |  |  | 11 |  |  | 12 |  |  | 14 |  |  | 22 |
|  | Percentage of Post-Acute/ Skilled Nursing Gross Assets |  | Percentage of Post-Acute/ Skilled Nursing Revenues |
--- | --- | --- | --- | --- | ---
|  | December 31, |  | Year Ended December 31, |
Operators |  | 2013 |  | 2012 |  | 2013 |  | 2012 |  | 2011 |
HCR ManorCare(3) |  |  | 89 |  |  | 90 |  |  | 83 |  |  | 91 |  |  | 85 |
Total Company Concentrations:
|  | Percentage of Total Company Assets |  | Percentage of Total Company Revenues |
--- | --- | --- | --- | --- | ---
|  | December 31, |  | Year Ended December 31, |
Operators |  | 2013 |  | 2012 |  | 2013 |  | 2012 |  | 2011 |
HCR ManorCare(3) |  |  | 32 |  |  | 31 |  |  | 28 |  |  | 30 |  |  | 28 |
Emeritus(1) |  |  | 14 |  |  | 14 |  |  | 13 |  |  | 8 |  |  | 7 |
Sunrise(2) |  |  | 7 |  |  | 7 |  |  | 5 |  |  | 5 |  |  | 6 |
Brookdale(4) |  |  | 4 |  |  | 4 |  |  | 4 |  |  | 5 |  |  | 7 |
(1) Percentage of total revenues from Emeritus for the year ended December 31, 2012 includes partial results for the Blackstone JV acquisition. Assuming that full-year results were included for this acquisition in the Company's 2012 revenues, the percentage of segment revenues and total revenues would be 37% and 12%, respectively. (2) Certain of the Company's properties are leased to tenants who have entered into management contracts with Sunrise to operate the respective property on their behalf. The Company's concentration of gross assets includes properties directly leased to Sunrise and properties that are managed by Sunrise on behalf of third party tenants. (3) On April 7, 2011, the Company completed the acquisition of HCR ManorCare's real estate assets, which included the settlement of the Company's HCR ManorCare debt investments, see Notes 3 and 7 for additional information. (4) Percentages do not include senior housing facilities that Brookdale operates on the Company's behalf under a RIDEA structure.
Summary of annualized base rent from leases subject to purchase options, summarized by the year the purchase options are exercisable | Annualized base rent from leases subject to purchase options, summarized by the year the purchase options are exercisable are as follows (dollars in thousands):
Year |  | Annualized Base Rent(1) |  | Number of Properties |
--- | --- | --- | --- | --- | ---
2014 |  | $ | 21,541 |  |  | 11 |
2015 |  |  | 55,397 |  |  | 35 |
2016 |  |  | 40,098 |  |  | 18 |
2017 |  |  | 6,969 |  |  | 3 |
2018 |  |  | 19,204 |  |  | 5 |
Thereafter |  |  | 102,367 |  |  | 62 |
|  | $ | 245,576 |  |  | 134 |
(1) Represents the most recent month's base rent including additional rent floors and cash income from direct financing leases annualized for 12 months. Base rent does not include tenant recoveries, additional rents in excess of floors and non-cash revenue adjustments (i.e., straight-line rents, amortization of above and below market lease intangibles, DFL interest accretion and deferred revenues).
Future minimum lease obligations under non-cancelable ground and other operating leases | Future minimum lease obligations under non-cancelable ground and other operating leases as of December 31, 2013 were as follows (in thousands):
Year |  | Amount |
--- | --- | --- | ---
2014 |  | $ | 6,303 |
2015 |  |  | 5,781 |
2016 |  |  | 4,620 |
2017 |  |  | 3,880 |
2018 |  |  | 3,659 |
Thereafter |  |  | 195,883 |
|  | $ | 220,126 |

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- Definition Tabular disclosure summarizing annualized lease payments (base rent only) to be received from certain leases containing purchase options whereby the tenant may elect to acquire the underlying real estate, including DFLs, subject to purchase options, in the year that the purchase options are exercisable. + References No definition available. + Details
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- Definition Tabular disclosure of rental expense from operating leases for each period for which an income statement is presented with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41499-112717 + Details
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