v3.8.0.1
Real Estate Investments, Net (Tables)
3 Months Ended
Mar. 31, 2018
Real Estate [Abstract]  
Summary of Investment in Owned Properties
The following tables summarize the Company’s investment in owned properties as of March 31, 2018 and December 31, 2017 (dollars in thousands):
 
 
March 31, 2018
 
December 31, 2017
Land
$
153,584

 
$
151,879

Buildings and improvements
1,145,574

 
1,114,605

Integral equipment, furniture and fixtures
83,323

 
80,729

Identified intangible assets
2,382

 
2,382

Real estate investments
1,384,863

 
1,349,595

Accumulated depreciation
(207,723
)
 
(197,334
)
Real estate investments, net
$
1,177,140

 
$
1,152,261

Schedule of Total Future Minimum Rental Revenues
As of March 31, 2018, the Company’s total future minimum rental revenues for all of its tenants were (dollars in thousands): 
Year
Amount
Remaining 2018
$
102,487

2019
135,574

2020
134,503

2021
134,756

2022
135,013

Thereafter
1,108,559

 
$
1,750,892

Schedule of Business Acquisitions
The following table summarizes the Company’s acquisitions for the three months ended March 31, 2018 (dollar amounts in thousands):

Type of Property
Purchase Price(1)
 
Annual Cash Rent
 
Number of Properties
 
Number of Beds/Units(2)
Skilled nursing
$
47,369

 
$
4,275

 
6

 
522

Multi-service campuses

 

 

 

Assisted living

 

 

 

Total
$
47,369

 
$
4,275

 
$
6

 
522

    
(1) Purchase price includes capitalized acquisition costs.
(2) The number of beds/units include operating beds at acquisition date.