Real Estate Properties (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of real estate property acquisition

The table below represents the purchase price allocations (including net closing adjustments) of the senior living community acquisitions that closed during the three months ended March 31, 2018, as described above:



Date	Location	Leased/Managed	Number of Properties	Units	Cash Paid Plus Assumed Debt ⁽¹⁾		Land		Building and Improvements		FF&E		Acquired Real Estate Intangible Assets		Assumed Debt		Premium on Assumed Debt
January 2018	Tennessee	Managed	1	88	$	19,868	$	580	$	14,884	$	1,209	$	3,195	$	—	$	—
February 2018	Arizona	Managed	1	127	22,622		2,017		17,123		390		4,451		16,748		(1,359		)
			2	215	$	42,490	$	2,597	$	32,007	$	1,599	$	7,646	$	16,748	$	(1,359	)


(1)	Cash paid plus assumed debt, if any, includes closing costs.

The table below represents the purchase price allocations (including net closing adjustments) of the MOB acquisitions that closed during the three months ended March 31, 2018, as described above:



Date	Location	Number of Properties	Number of Buildings	Square Feet (000’s)	Cash Paid Plus Assumed Debt ⁽¹⁾		Land		Building and Improvements		Acquired Real Estate Leases ⁽²⁾		Assumed Debt
January 2018	3 States	3	3	400	$	91,698	$	16,873	$	54,605	$	20,220	$	—
March 2018	Virginia	1	1	135	23,275		2,863		11,105		9,307		11,050
		4	4	535	$	114,973	$	19,736	$	65,710	$	29,527	$	11,050


(1)	Cash paid plus assumed debt, if any, includes closing costs.


(2)	The weighted average amortization period for acquired real estate leases as of the acquisition dates was 5.8 years.