Question-and-Answer Session
Operator
(Operator Instructions). And our first question will come from Kristin Brown with Deutsche Bank.
Kristin Brown - Deutsche Bank
Hi good morning, guys. I just wanted to ask on the two rehab hospitals held for sale. Why the decision to sell, and are you actively marketing those assets?
Tom Peterson
The assets are being actively marketed. The decision to sell really came from Sun, the operator. And I think that it's their operating strategy to move away from those hospitals and focus on their SNF portfolio. But yes, we are actively marketing those assets; and it's likely they will be sold in the next couple months.
Kristin Brown - Deutsche Bank
And that's not included in your guidance?
Bob Stephenson
It is not included in our guidance, no.
Kristin Brown - Deutsche Bank
Okay. And then can you talk about the financing on the assets that you closed this quarter? Was that all off the credit line?
Bob Stephenson
That's correct.
Kristin Brown - Deutsche Bank
Okay. And then just in terms of the dividend reinvestment plan, how many shares were issued during the quarter?
Bob Stephenson
During the quarter -- well we ended the quarter with 69 million shares; and approximately 600,000 shares were issued, almost 700,000 during the quarter.
Kristin Brown - Deutsche Bank
Okay. And then last question, have there been sort of any meaningful additions to your watch list in terms of tenants that might be potentially problematic?
Bob Stephenson
No.
Kristin Brown - Deutsche Bank
No? Okay, thank you.
Operator
Anything further, Ms. Brown?
Kristin Brown - Deutsche Bank
That's it, thanks.
Operator
Thank you. And our next question will come from Charlie Place with Ferris, Baker Watts.
Charlie Place - Ferris, Baker Watts
Morning.
Taylor Pickett
Good morning.
Charlie Place - Ferris, Baker Watts
On the Advocat facility, are you all building that, the new property?
Taylor Pickett
We are actually, Advocat is leading the building of it. They're contractually building the facility. We did a substantial amount of work to locate and acquire the land, and we will obviously provide all the financing.
Charlie Place - Ferris, Baker Watts
And then how much do you anticipate that investment will be?
Taylor Pickett
What is it $7 million? $7 million.
Charlie Place - Ferris, Baker Watts
And how many beds is that?
Taylor Pickett
A 120 beds.
Charlie Place - Ferris, Baker Watts
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