v3.22.4
STANDARD BEARER (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 08, 2022
Jan. 31, 2022
lease
renewal
Dec. 31, 2022
operation
facility
senior_living_community
shares
Dec. 31, 2022
operation
facility
senior_living_community
Dec. 31, 2022
USD ($)
operation
facility
senior_living_community
Dec. 31, 2022
operation
facility
senior_living_community
Dec. 31, 2022
operation
facility
skilled_nursing_property
senior_living_community
Dec. 31, 2022
operation
facility
senior_living_community
Dec. 31, 2022
operation
facility
senior_living_community
shares
Dec. 31, 2022
operation
facility
asset_acquisition
senior_living_community
Dec. 31, 2021
USD ($)
shares
Dec. 31, 2020
USD ($)
shares
Mar. 31, 2020
facility
Oct. 31, 2019
operation
Segment Reporting Information [Line Items]                            
Number of real estate properties | facility     108 108 108 108 108 108 108 108        
Number of master lease arrangements | lease   5                        
Lessee, operating lease, term of contract     10 years 10 years 10 years 10 years 10 years 10 years 10 years 10 years        
Rental revenue         $ 16,757,000           $ 15,985,000 $ 15,157,000    
Options granted (in shares) | shares                 581,000   621,000 669,000    
Non-controlling interest distribution         284,000           $ 2,908,000 $ 2,683,000    
Standard Bearer                            
Segment Reporting Information [Line Items]                            
Rental revenue         57,967,000           $ 44,165,000 $ 40,946,000    
Restricted Stock Awards                            
Segment Reporting Information [Line Items]                            
Award vesting period       5 years                    
Granted restricted shares (in shares) | shares                 233,000   222,000 281,000    
Standard Bearer Equity Plan                            
Segment Reporting Information [Line Items]                            
Award vesting period   5 years                        
Proceeds from issuance of common stock         6,544,000                  
Options granted (in shares) | shares     0           0          
Proceeds from issuance of preferred shares         $ 149,000                  
Standard Bearer Equity Plan | Restricted Stock Awards                            
Segment Reporting Information [Line Items]                            
Granted restricted shares (in shares) | shares     0           0          
Minimum                            
Segment Reporting Information [Line Items]                            
Lessee, operating lease, renewal term     10 years 10 years 10 years 10 years 10 years 10 years 10 years 10 years        
Minimum | Revolving credit facility with Truist | Truist | Base Rate                            
Segment Reporting Information [Line Items]                            
Interest rate margin 0.25%                          
Minimum | Revolving credit facility with Truist | Truist | SOFR                            
Segment Reporting Information [Line Items]                            
Interest rate margin 1.25%                          
Maximum                            
Segment Reporting Information [Line Items]                            
Lessee, operating lease, renewal term     15 years 15 years 15 years 15 years 15 years 15 years 15 years 15 years        
Maximum | Revolving credit facility with Truist | Truist | Base Rate                            
Segment Reporting Information [Line Items]                            
Interest rate margin 1.25%                          
Maximum | Revolving credit facility with Truist | Truist | SOFR                            
Segment Reporting Information [Line Items]                            
Interest rate margin 2.25%                          
Standard Bearer Master Leases                            
Segment Reporting Information [Line Items]                            
Lessee leasing arrangements, operating leases, number of renewal terms | renewal   3                        
Lessee, operating lease, renewal term   5 years                        
Operating leases of lessee, contingent rentals, basis spread on variable rate   2.50%                        
Rental revenue         $ 62,500,000                  
Standard Bearer Master Leases | Base Management Fee                            
Segment Reporting Information [Line Items]                            
Management fees, as a percentage of total revenues   5.00%                        
Management fees         $ 4,367,000           $ 0 $ 0    
Standard Bearer Master Leases | Incentive Management Fee                            
Segment Reporting Information [Line Items]                            
Management fees, as a percentage of total revenues   1.00%                        
Management fees, as a percentage of funds from operations   5.00%                        
Standard Bearer Master Leases | Total Management Fee                            
Segment Reporting Information [Line Items]                            
Management fees, as a percentage of total revenues     6.00%         6.00%            
Standard Bearer Master Leases | Minimum                            
Segment Reporting Information [Line Items]                            
Lessee, operating lease, term of contract   15 years                        
Operating leases of lessee, contingent rentals, basis spread on variable rate   0.00%                        
Standard Bearer Master Leases | Maximum                            
Segment Reporting Information [Line Items]                            
Lessee, operating lease, term of contract   19 years                        
The Pennant Group, Inc. | Senior Living Facilities                            
Segment Reporting Information [Line Items]                            
Number of real estate properties | facility                         2  
The Pennant Group, Inc. | Senior Living Facilities | Spinoff                            
Segment Reporting Information [Line Items]                            
Number of real estate properties     29 29 29 29 29 29 29 29       29
Owned Properties                            
Segment Reporting Information [Line Items]                            
Number of real estate properties | facility     79 79 79 79 79 79 79 79        
Standard Bearer                            
Segment Reporting Information [Line Items]                            
Number of real estate properties | facility     103 103 103 103 103 103 103 103        
Cash dividends         $ 30,379,000                  
Proceeds from Equity Method Investment, Distribution         30,095,000                  
Non-controlling interest distribution         $ 284,000                  
Standard Bearer | Third Parties                            
Segment Reporting Information [Line Items]                            
Number of real estate properties | operation     29 29 29 29 29 29 29 29        
Standard Bearer | Owned Properties                            
Segment Reporting Information [Line Items]                            
Number of real estate properties | operation     75 75 75 75 75 75 75 75        
Standard Bearer | Skilled Nursing Operations                            
Segment Reporting Information [Line Items]                            
Number of asset acquisitions           10       7        
Purchase price         $ 84,656,000                  
Number of real estate skilled nursing properties acquired | skilled_nursing_property             3              
Standard Bearer | Skilled Nursing Operations | Spinoff | Remaining Company                            
Segment Reporting Information [Line Items]                            
Number of real estate properties | operation     1 1 1 1 1 1 1 1