AdCare Health Systems, Inc. (AdCare) is a holding company. The Company, through its subsidiaries, own and operates skilled nursing and assisted living facilities. The Company, through wholly owned separate operating subsidiaries, as of September 30, 2014, operates 37 facilities comprised of 34 skilled nursing facilities, two assisted living facilities and one independent living or senior housing facility totaling approximately 4,200 beds. The Company's facilities provide a range of health care services to patients and residents, including, skilled nursing and assisted living services, social services, various therapy services, and other rehabilitative and healthcare services for both long-term residents and short-stay patients. As of September 30, 2014, of the total 37 facilities, the Company owned and operated 25 facilities, leased and operated eight facilities, and managed four facilities for third parties.