Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS - Senior Housing Assets (Details)

v2.4.0.8
ACQUISITIONS - Senior Housing Assets (Details) (Senior Housing assets acquired in 2014 [Member], USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Senior Housing assets acquired in 2014 [Member]
 
Allocation Of Purchase Price  
Investments in Real Estate $ 20,630 [1]
Resident Lease Intangibles 2,370 [1]
Other Assets, net of Other Liabilities (200) [1]
Total purchase price 22,800 [1]
Mortgage notes payable (17,250) [2]
Net assets acquired 5,550
Total acquisition related costs $ 258 [3]
[1] Due to the timing of the acquisition, Newcastle is still obtaining additional information relating to the purchase price allocation. Therefore, the review process of the purchase price allocation is not complete. Newcastle expects to complete this process within twelve months of the acquisition.
[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.