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Real Estate Properties (Tables)
 12 Months Ended
Dec. 31, 2017
Real Estate [Abstract]  
Schedule of real estate property acquisition
The table below represents the purchase price allocations (including net closing adjustments) of the senior living community acquisitions described above:
Date
Location
Leased /
Managed
Number
of
Properties
 
Units
 
Cash Paid
plus
Assumed
Debt
 
Land
 
Buildings
and
Improvements
 
FF&E
 
Acquired
Real Estate
Leases
 
Other
Liabilities
 
Assumed
Debt
 
(Premium) /
Discount
on Assumed
Debt
Senior Living Community Acquisitions during the year ended December 31, 2017:
December 2017
2 States
Managed
2

 
229

 
$
39,457

(1) 
$
4,055

 
$
26,424

 
$
1,204

 
$
7,774

 
$
—

 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Senior Living Community Acquisitions during the year ended December 31, 2016:
May 2016
Georgia
Managed
1

 
38

 
$
8,400

(2) 
$
327

 
$
6,195

 
$
478

 
$
1,400

 
$
—

 
$
—

 
$
—

June 2016
4 States
Leased
7

 
545

 
112,493

(1) 
11,085

 
94,940

 
6,468

 
—

 
—

 
—

 
—

December 2016
Illinois
Leased
2

 
126

 
18,601

(2) 
1,814

 
13,377

 
1,087

 
2,323

 
—

 
—

 
—

 
 
 
10

 
709

 
$
139,494

 
$
13,226

 
$
114,512

 
$
8,033

 
$
3,723

 
$
—

 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Senior Living Community Acquisitions during the year ended December 31, 2015:
May 2015
11 States
Leased
18

 
2,119

 
$
459,184

(2) 
$
29,716

 
$
373,471

 
$
21,117

 
$
54,096

 
$
(18,091
)
 
$
(44,395
)
 
$
(1,125
)
May 2015
5 States
Managed
19

 
1,233

 
313,345

(2) 
12,267

 
214,064

 
12,342

 
73,840

 
—

 
(94,785
)
 
832

September 2015
NC
Leased
1

 
87

 
17,548

(2) 
1,134

 
13,749

 
1,022

 
2,208

 
—

 
(12,297
)
 
(565
)
Subtotal 38 senior living communities portfolio
 
38

 
3,439

 
790,077

 
43,117

 
601,284

 
34,481

 
130,144

 
(18,091
)
 
(151,477
)
 
(858
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
May 2015
GA
Managed
—

(3) 
40

 
9,750

(2) 
993

 
8,169

 
427

 
161

 
—

 
—

 
—

September 2015
GA
Leased
1

 
84

 
18,409

(1) 
3,479

 
14,021

 
909

 
—

 
—

 
—

 
—

 
 
 
39

 
3,563

 
$
818,236

 
$
47,589

 
$
623,474

 
$
35,817

 
$
130,305

 
$
(18,091
)
 
$
(151,477
)
 
$
(858
)
(1)
Cash paid plus assumed debt, if any, includes closing costs as these acquisitions are accounted for as acquisitions of assets.
(2)
Cash paid plus assumed debt, if any, excludes closing costs as these acquisitions are accounted for as business combinations.
(3)
This senior living community is adjacent to another community that we own which is managed by Five Star. The operations of this community and the community we previously owned are now conducted as a single integrated community under one management agreement.
The table below represents the purchase price allocations (including net closing adjustments) of the MOB acquisitions described above.
Date
Location
Number
of
Properties
 
Square
Feet (000's)
 
Cash Paid
plus
Assumed
Debt
 
Land
 
Buildings
and
Improvements
 
Acquired
Real Estate
Leases
 
Acquired
Real Estate
Lease
Obligations
 
Assumed
Debt
 
Premium
on Assumed
Debt
MOB Acquisitions during the year ended December 31, 2017:
January 2017
Kansas
1

 
117

 
$
15,106

(1) 
$
1,522

 
$
7,246

 
$
6,338

 
$
—

 
$
—

 
$
—

July 2017
Maryland
1

 
59

 
16,601

(1) 
6,138

 
6,526

 
3,937

 
—

 
—

 
—

October 2017
2 States
2

 
255

 
38,794

(1) 
6,738

 
25,040

 
7,016

 
—

 
—

 
—

November 2017
California
1

 
63

 
26,823

(1) 
7,957

 
13,430

 
5,436

 
—

 
—

 
—

December 2017
Virginia
1

 
136

 
15,844

(1) 
3,263

 
7,615

 
4,986

 
(20
)
 
—

 
—

 
 
6

 
630

 
$
113,168

 
$
25,618

 
$
59,857

 
$
27,713

 
$
(20
)
 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MOB Acquisitions during the year ended December 31, 2016:
February 2016
Minnesota
1

 
128

 
$
22,700

(2) 
$
4,028

 
$
14,710

 
$
5,053

 
$
(1,091
)
 
$
—

 
$
—

May 2016
Florida
1

 
166

 
45,232

(1) 
2,792

 
42,440

 
—

 
—

 
—

 
—

October 2016
Ohio
1

 
96

 
18,500

(2) 
1,025

 
12,883

 
4,592

 
—

 
—

 
—

 
 
3

 
390

 
$
86,432

 
$
7,845

 
$
70,033

 
$
9,645

 
$
(1,091
)
 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MOB Acquisitions during the year ended December 31, 2015:
January 2015
12 States
23

 
2,170

 
$
531,623

(2) 
$
50,429

 
$
397,637

 
$
87,780

 
$
(3,150
)
 
$
(29,955
)
 
$
(1,073
)
 
 
23

 
2,170

 
$
531,623

 
$
50,429

 
$
397,637

 
$
87,780

 
$
(3,150
)
 
$
(29,955
)
 
$
(1,073
)
(1)
Cash paid plus assumed debt, if any, includes closing costs as these acquisitions are accounted for acquisitions of assets.
(2)
Cash paid plus assumed debt, if any, excludes closing costs as these acquisitions are accounted for as business combinations.
Schedule of discontinued operations
Summarized income statement information for the one MOB (four buildings) that met the criteria for discontinued operations is included in discontinued operations as follows:

 
 
For the year ended December 31,
 
 
2017
 
2016
 
2015
Rental income
 
$
—

 
$
—

 
$
56

Property operating expenses
 
—

 
—

 
(406
)
(Loss) income from discontinued operations
 
$
—

 
$
—

 
$
(350
)