v3.25.2
Investment in Unconsolidated Joint Ventures - Investment (Details)
3 Months Ended 6 Months Ended
Mar. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
item
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Investment in Unconsolidated Joint Ventures        
Proceeds from divestment in joint venture   $ 13,000,000    
Number of beds/units | item   213    
Carrying Value   $ 17,793,000   $ 30,602,000
Gross Investment   $ 1,329,683,000    
Percentage of Investment   100.00%    
Non-cash Income Accrued     $ 233,000  
Mortgage Loans        
Investment in Unconsolidated Joint Ventures        
Gross Investment   $ 356,815,000    
Percentage of Investment   100.00%    
Joint Venture | Joint venture        
Investment in Unconsolidated Joint Ventures        
Income Recognized $ 1,047,000 $ 4,104,000    
Cash Income Earned 421,000 4,050,000    
Non-cash Income Accrued 527,000 54,000    
SNF        
Investment in Unconsolidated Joint Ventures        
Gross Investment   $ 598,800,000    
Percentage of Investment   45.00%    
SNF | Senior Loan | Texas        
Investment in Unconsolidated Joint Ventures        
Preferred return percentage   9.20%    
Contractual cash portion   9.20%    
Number of beds/units | item   104    
Carrying Value   $ 11,453,000    
Amount With held in Reserve   750,000    
Capital expenditure reserve   $ 786,000    
SNF | Senior Loan | Texas | Mortgage Loans with Interest        
Investment in Unconsolidated Joint Ventures        
Loan Term   5 years    
Interest rate (as a percent)   9.15%    
SNF | Senior Loan | Texas | Mortgage Loans        
Investment in Unconsolidated Joint Ventures        
Gross Investment   $ 12,700,000 11,164,000  
SNF | Joint Venture | Joint venture        
Investment in Unconsolidated Joint Ventures        
Income Recognized   589,000 295,000  
Cash Income Earned   589,000 $ 196,000  
SH        
Investment in Unconsolidated Joint Ventures        
Gross Investment   $ 718,878,000    
Percentage of Investment   54.10%    
SH | Joint Venture | Washington        
Investment in Unconsolidated Joint Ventures        
Preferred return percentage   12.00%    
Contractual cash portion   9.00%    
Number of beds/units | item   109    
Carrying Value   $ 6,340,000    
SH | Joint Venture | Joint venture        
Investment in Unconsolidated Joint Ventures        
Income Recognized 225,000 289,000    
Cash Income Earned 225,000 $ 289,000    
SH | Joint Venture | Joint venture | Internal Rate of Return is Until Eight Percent        
Investment in Unconsolidated Joint Ventures        
Percentage of internal rate of return   8.00%    
SH | Joint Venture | Joint venture | The Internal Rate of Return is Between Twelve and Fourteen Percent | Minimum        
Investment in Unconsolidated Joint Ventures        
Percentage of internal rate of return   12.00%    
SH | Joint Venture | Joint venture | The Internal Rate of Return is Between Twelve and Fourteen Percent | Maximum        
Investment in Unconsolidated Joint Ventures        
Percentage of internal rate of return   14.00%    
SH | Joint Venture | Joint venture | Washington        
Investment in Unconsolidated Joint Ventures        
Percentage of Investment   15.50%    
SH | Joint Venture | Joint venture | Washington | Internal Rate of Return is Until Eight Percent | Minimum        
Investment in Unconsolidated Joint Ventures        
Percentage of cash return   7.00%    
SH | Joint Venture | Joint venture | Washington | Internal Rate of Return is Until Eight Percent | Maximum        
Investment in Unconsolidated Joint Ventures        
Percentage of cash return   9.00%    
SH - preferred equity investment redeemed | Joint Venture | Joint venture        
Investment in Unconsolidated Joint Ventures        
Income Recognized 527,000 $ 3,226,000    
Cash Income Earned   3,172,000    
Non-cash Income Accrued $ 527,000 54,000    
SH - preferred equity investment redeemed | Joint Venture | Joint venture | Washington        
Investment in Unconsolidated Joint Ventures        
Proceeds from divestment in joint venture   $ 15,962,000    
Percentage of internal rate of return   13.00%    
Number of beds/units | item   267    
Income Recognized   $ 2,962,000