Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS (Tables)

v2.4.0.8
ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Schedule of acquisition of senior housing properties
The following table summarizes the allocation of the purchase price to the fair value of identifiable assets acquired and liabilities assumed in connection with these acquisitions, in accordance with the acquisition method of accounting:
 
Nine months ended September 30, 2014 Acquisitions
 
 
 
Managed Properties
 
Triple Net Lease Properties
 
Total
Allocation of Purchase Price
 
 
 
 
 
Investments in Real Estate
$
103,530

 
$
144,148

 
$
247,678

Resident Lease Intangibles
13,963

 
39,475

 
53,438

Other Intangibles
—

 
960

 
960

Other Liabilities, net of other Assets
(1,280
)
 
(1,552
)
 
(2,832
)
Total purchase price
$
116,213

 
$
183,031

 
$
299,244

 
 
 
 
 
 
Mortgage Notes Payable (A)
(80,145
)
 
—

 
(80,145
)
Net assets acquired
$
36,068

 
$
183,031

 
$
219,099

Total acquisition related costs (B)
$
2,149

 
$
980

 
$
3,129


 
(A)
See Note 10.
(B)
Acquisition-related costs are expensed as incurred and included within general and administrative expense on the consolidated statements of income.