XML 115 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Related Person Transactions (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 6 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended 0 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 0 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2014
property
item
Jun. 30, 2013
Jun. 30, 2014
property
item
Jun. 30, 2013
May 09, 2014
item
Jun. 30, 2014
TRS
item
Jun. 30, 2014
Senior living communities
item
Dec. 31, 2013
Senior living communities
item
Jul. 31, 2014
Acquisition
Senior living communities
Subsequent event
item
Jun. 30, 2014
Sale
Senior living communities
property
Jun. 30, 2014
Five Star
item
Jun. 30, 2013
Five Star
Jun. 30, 2014
Five Star
item
Jun. 30, 2013
Five Star
Dec. 31, 2013
Five Star
Dec. 31, 2001
Five Star
Jun. 30, 2014
Five Star
AL Pooling Agreement
item
Jun. 30, 2014
Five Star
IL Pooling Agreement
item
Jul. 10, 2014
Five Star
IL Pooling Agreement
Subsequent event
item
Jun. 30, 2014
Five Star
Second AL Pooling Agreement
item
Jul. 10, 2014
Five Star
Second AL Pooling Agreement
Subsequent event
item
Aug. 31, 2013
Five Star
Senior living communities
property
Jun. 30, 2013
Five Star
Senior living communities
property
Jun. 30, 2014
Five Star
Senior living communities
item
Jun. 30, 2014
Five Star
Acquisition
Senior living communities
New York
item
Jun. 30, 2014
Five Star
Sale
Senior living communities
property
item
Jan. 31, 2014
Five Star
Sale
Senior living communities
property
item
Aug. 31, 2013
Five Star
Sale
Senior living communities
item
Jan. 31, 2014
Five Star
Sale
Senior living communities
Texas
item
May 08, 2014
RMR
May 09, 2014
RMR
Jun. 30, 2014
RMR
sqft
item
Jun. 30, 2014
RMR
item
Jun. 30, 2013
RMR
Jun. 30, 2014
RMR
item
Jun. 30, 2013
RMR
May 09, 2014
AIC
Jun. 30, 2014
AIC
Jun. 30, 2014
AIC
Jun. 30, 2013
AIC
Jun. 30, 2014
AIC
Jun. 30, 2013
AIC
Dec. 31, 2013
AIC
Related person transactions                                                                                      
Beneficial ownership of common shares (as a percent)                               100.00%                                                      
Investment in common shares                     4,235,000   4,235,000                                                            
Percentage of total shares outstanding                     8.70%   8.70%                                                            
Number of real estate properties leased                                               184                                      
Number of combination leases                     4   4                                                            
Minimum annual rent payable to entity                         $ 190,867                                                            
Total rental income recognized                     47,618 49,595 95,124 99,027                                                          
Rents receivable                     15,849   15,849   17,620                                                        
Deferred estimated percentage rent                     1,403 1,268 2,819 2,517                                                          
Real estate improvements purchased                         17,423 15,901                                                          
Increase or decrease in annual lease rent payable                         1,394 1,272               255       452 210                                
Number of properties agreed to be offered for sale 9   9       7 10                               7                                      
Sale price of properties under agreement to be sold                                                   4,500 2,400 2,550 2,400                            
Number of properties sold or agreed to be sold                   3                       1       2 1   36                            
Number of properties agreed to be sold                                             11                                        
Increase or decrease in annual lease rent payable as a percentage of net proceeds of the sale                                           10.00%       10.00% 8.75%                                
Number of combination or pooling agreements                     4   4       3                                                    
Number of communities that include assisted living units                                 20     19 19                                            
Number of communities that include independent living units                                   2 2                                                
Number of properties acquired, referred to as managed properties                                               44                                      
Property management agreement expense                     2,433 2,281 4,857 4,576                                     2,079 1,659 3,718 3,259              
Number of living units             552 744 52                               310 156 36 112                              
Number of TRSs to whom property was leased           1                                                                          
Number of employees 0   0                                                                                
Number of agreements to avail management and administrative services                                                               2 2   2                
Number of Managing Trustees also serving as managing trustee of Five Star                     1   1                                                            
Period before which the written notice is required to be given for cancellation of business management agreement and the property management agreement                                                           60 days 120 days                        
Number of business days before which the notice is required to be given for termination of property management agreement                                                           5 days                          
Period for providing transition services under business management agreement and property management agreement                                                                     120 days                
Business management agreement expense                                                                 7,733 6,691 14,415 13,241              
Common shares issued as payment for base business management fee                                                                     62,060                
Base business management fee payable in common shares (as a percent)                                                               10.00% 10.00%   10.00%                
Number of other shareholders in the equity method investee company 4   4   6                                                                            
Ownership percentage held by the entity and other shareholders                                                                         14.30%            
Term of property insurance policy                                                                           1 year          
Total premiums including taxes and fees                                                                           3,118          
The entity owns less than this percentage of an equity method investment                                                                           20.00% 20.00%   20.00%    
Amount invested in equity investee                                                                           6,054 6,054   6,054    
Equity method investments, carrying value                                                                           6,801 6,801   6,801   5,913
Income recognized arising from equity investments 118 79 21 155                                                                     118 79 21 155  
Coverage of property insurance                                                                                 500,000    
Number of shares purchased                                                                         2,857            
Payments for share purchased                                                                         825            
Number of entities to which RMR provides management services                                                               3                      
Premium paid for combined and separate directors' and officers' liability insurance policy                                                               $ 51,000