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Income Taxes
 6 Months Ended
Jun. 30, 2011
Income Taxes  
Income Taxes

Note 13.  Income Taxes

 

We have elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, and as such, are generally not subject to federal and most state income taxation on our operating income provided we distribute our taxable income to our shareholders and meet certain organization and operating requirements.  We do, however, lease certain managed senior living communities to our wholly owned taxable REIT subsidiaries, or TRSs, that, unlike most of our subsidiaries, files a separate corporate income tax return and is subject to federal and state income taxes.  Our consolidated income tax provision (or benefit) includes the income tax provision (or benefit) related to the operations of our TRS and certain state income taxes incurred by us despite our REIT status.  During the three and six months ended June 30, 2011 and 2010, we recognized current tax expense of $87 and $158 and $76 and $154, respectively, related to such taxes payable without regard to our REIT status.