Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN SENIOR HOUSING REAL ESTATE - Rollforward of Investments in Senior Housing Real Estate (Details 2)

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INVESTMENTS IN SENIOR HOUSING REAL ESTATE - Rollforward of Investments in Senior Housing Real Estate (Details 2) (Senior Housing, USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Senior Housing
   
Gross Carrying Amount    
Balance, beginning of year $ 164,359 [1],[2]   
Additions:    
Acquisitions of real estate 1,205,558 164,067
Improvements 3,450 296
Transferred from assets held for sale      
Disposals:    
Disposal of long-lived assets (45) (4)
Balance, end of year 1,373,322 [1],[2] 164,359 [1],[2]
Accumulated Depreciation    
Balance, beginning of year (1,558) [1],[3]   
Additions:    
Depreciation expenses (8,874) (1,559)
Transferred from assets held for sale      
Disposals:    
Disposal of long-lived assets 10 1
Balance, end of year $ (10,422) [1],[3] $ (1,558) [1],[3]
[1] The following is a rollforward of the gross carrying amount and accumulated depreciation of senior housing real estate for the years ended December 31, 2013 and 2012. (See Rollforward of Investments in Senior Housing Real Estate)
[2] The aggregate United States federal income tax basis for Newcastle?s senior housing real estate at December 31, 2013 was approximately $1.4 billion.
[3] Depreciation is calculated on a straight line basis using the estimated useful lives detailed in Note 2.