Mortgage Payoff – On October 31, 2012, the Company received $12.2 million for the payoff of a first mortgage loan on two Florida SNFs. As a result of the payoff, in the fourth quarter, the Company recorded one-time deferred mortgage interest income.Facility Sales – For the three-month period ended December 31, 2012, the Company sold two facilities (one of which was closed) for total cash proceeds of $4.8 million, generating approximately a $2.8 million accounting gain. For the year ended December 31, 2012, the Company sold nine facilities for total cash proceeds of $29.0 million, generating approximately an $11.8 million accounting gain.
Omega Announces Fourth Quarter 2012 Financial Results; Adjusted FFO Of $0.58 Per Share And $250 Million Of New Investments For The Fourth Quarter
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