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ACQUISITIONS (Details Narrative) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |||
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Mar. 31, 2014
Housing
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Senior Housing assets acquired in 2014 [Member]
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| Number of housing assets/facilities acquired | 2 | |||
| Total purchase price | $ 22,800 | [1] | ||
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Senior Housing assets acquired in 2014 Tranche 1 [Member]
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| Management fees paid, as a percentage of effective gross income | 5% of the property's effective gross income | |||
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Senior Housing assets acquired in 2014 Tranche 2 [Member]
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| Management fees paid, as a percentage of effective gross income | 6% of the property's effective gross income for the first two years and 7% thereafter | |||
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| X | ||||||||||
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- Definition
Amount recognized for assets, including goodwill, in excess of (less than) the aggregate current liabilities assumed. No definition available.
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- Definition
Management fees to be paid to the manager, as a percentage of the property's effective gross income (as defined in the agreements). No definition available.
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- Definition
The number of senior housing assets or facilities acquired. No definition available.
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