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NIC Research & Data

Key Financial Indicators - Loan Performance - Quarter Ending 6/30/10

Reported proportion of outstanding investments in the seniors housing and long term care industry that are:

Performing - (Loans not in foreclosure, delinquency, or restructuring, although may include loans not in payment default, but not in compliance with non-payment financial covenants OR loans that are otherwise on a lender's "watch list" for possible deteriorating performance.) 98.07%
Restructured - (Loans where basic terms, such as interest rate, maturity date, collateral or guaranty have been restructured as a result of actual or anticipated delinquency, but where loan is performing according to restructured terms.) 0.1%
Delinquent - (Includes all loans in process of foreclosure, or loans 2 or more scheduled payments past due.) 1.93%
Foreclosed - (Loans where title to the property has been acquired during the year through foreclosure.) 0.0%