Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS - Senior Housing Properties (Details)

v2.4.0.8
ACQUISITIONS - Senior Housing Properties (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Managed Properties acquired in Q1 2014 [Member]
Jun. 30, 2014
Managed Properties acquired in Q2 2014 [Member]
Jun. 30, 2014
Triple Net Lease Properties acquired in 2014 [Member]
Jun. 30, 2014
Senior Housing Properties acquired in 2014 [Member]
Allocation Of Purchase Price            
Investments in Real Estate     $ 20,630 $ 13,785 [1] $ 167,828 [1] $ 202,243
Resident Lease Intangibles     2,370 3,361 [1] 16,828 [1] 22,559
Other Intangibles       4,847 [1]   4,847
Other Assets, net of Other Liabilities     (200) (288) [1] (1,625) [1] (2,113)
Total purchase price     22,800 21,705 [1] 183,031 [1] 227,536
Mortgage notes payable     (17,250) [2] (15,607) [2]   (32,857) [2]
Net assets acquired     5,550 6,098 183,031 194,679
Total acquisition related costs $ 4,484 $ 11,086 $ 368 [3] $ 573 [3] $ 792 [3] $ 1,733 [3]
[1] The values assigned above are not yet finalized as Newcastle is in the process of identifying all acquired intangibles and gathering market and other information with which to determine the fair values of the real estate property and intangible assets acquired. Therefore the purchase price allocations set forth above are preliminary and are subject to change. The final determination of fair values for these assets may result in different allocations among the various asset classes from those set forth above and any such differences could be material.
[2] See Note 10.
[3] Acquisition-related costs are expensed as incurred and included within general and administrative expense on the consolidated statements of income.